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Last $23.99 MXN
Change Today -0.01 / -0.04%
Volume 64.9K
KUOB On Other Exchanges
As of 4:09 PM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

grupo kuo sab de cv-ser b (KUOB) Snapshot

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52 Week High
08/19/14 - $32.00
52 Week Low
02/19/15 - $23.00
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Current Stock Chart for GRUPO KUO SAB DE CV-SER B (KUOB)

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grupo kuo sab de cv-ser b (KUOB) Details

Grupo KUO, S.A.B. de C.V., through its subsidiaries, primarily manufactures and sells consumer business products, chemicals, and auto parts in Mexico and internationally. It operates through the Consumer, Chemical, and Automotive segments. The company produces and distributes processed foods, beverages, and pork meat. It also manufactures and sells industrial chemical products, including plastics; synthetic rubber in emulsion for the tire industry; synthetic rubber in solution; and power systems and aftermarket products, as well as polystyrene. In addition, the company offers automotive parts and components, such as manual transmissions for light, medium, and heavy rear traction vehicles; components and modules for rear axles of electrical vehicles; and pistons, joints, and seals for engines, as well as sells automotive parts for the original equipment and replacement markets. Further, it provides dual clutch transmissions; and replacement brakes. Grupo KUO, S.A.B. de C.V. offers its products under the Tremec, Moresa, TF Victor, Race, IEA, Vehyco, Autopar, Sello, Fritec, and EFASA brands. The company was formerly known as DESC, S.A.B. de C.V. and changed its name to Grupo KUO, S.A.B. de C.V. in March 2007. Grupo KUO, S.A.B. de C.V. was founded in 1973 and is headquartered in México City, Mexico.

17,404 Employees
Last Reported Date: 04/24/15
Founded in 1973

grupo kuo sab de cv-ser b (KUOB) Top Compensated Officers

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Executives, Board Directors

grupo kuo sab de cv-ser b (KUOB) Key Developments

Grupo Kuo Announces Earnings Results for the First Quarter of 2015

Grupo Kuo announced earnings results for the first quarter of 2015. For the quarter, the company reported first quarter combined revenues of $458 million, down by 4.4% from $479 million in the prior-year period. The group's quarterly net income fell from $12 million to $3 million due to foreign exchange losses on a weakened Mexican peso.

Grupo Kuo, S.A.B. de C.V. Presents at Bank of America Merrill Lynch 2015 Emerging Markets Corporate Conference, May-27-2015

Grupo Kuo, S.A.B. de C.V. Presents at Bank of America Merrill Lynch 2015 Emerging Markets Corporate Conference, May-27-2015 . Venue: Fontainebleau Miami Beach, 4441 Collins Avenue, Miami Beach, Florida, United States.

Grupo Kuo to Start Rubber Solution Plant in Panjin, China in Second Quarter 2015

Grupo Kuo announced that operations at its chemical subsidiary's new synthetic rubber-in-solution plant in Panjin, eastern China, would begin in the second quarter. The plant is being developed through a 50:50 joint venture (JV) between Kuo Chemical's subsidiary company Dynasol and China's Shanxi Northern Xing'an Chemical Industry. The facility is at Xing'an's existing chemical complex in Liaoning province, and will have a capacity of 100,000 tonnes/year of synthetic rubber. Kuo also expects to begin operations during the second quarter at its new 30,000 tonnes/year emulsion rubber plant at Nanjing in the eastern Chinese province of Jiangsu. Kuo is building the plant through a 50:50 JV with China's Jiangsu GPRO Group.


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