August 23, 2023

🌥️Earnings Overview

On August 9 2023, LOMA NEGRA COMPAÑÍA INDUSTRIAL ARGENTINA SOCIEDAD ANÓNIMA ($NYSE:LOMA) released their earnings results for the second quarter of FY2023, which ended on June 30 2023. Total revenue was ARS 50.9 billion, a 101.5% increase compared to the same period in the previous year. Net income also rose by 2.0%, amounting to ARS 2.5 billion.

Stock Price

At the opening bell, the stock opened at $6.7 and closed at $6.5, a drop of 2.4% from the previous day’s closing price of $6.6. This decrease in stock price was mainly attributed to the company’s failure to meet analyst expectations of quarterly revenue. Overall, while the decrease in stock price on Wednesday was disappointingly steep, LOMA NEGRA remains committed to improving their operational efficiency and utilizing their assets to maximize profits. Investors should keep an eye on the stock as the company continues to report their earnings for the remainder of FY2023. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for LOMA. More…

    Total Revenues Net Income Net Margin
    142.98k -2.37k -2.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for LOMA. More…

    Operations Investing Financing
    38.91k -6.02k -22.9k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for LOMA. More…

    Total Assets Total Liabilities Book Value Per Share
    319.29k 172.84k 1.25k
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for LOMA are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    64.2% 47.0% 15.6%
    FCF Margin ROE ROA
    19.1% 9.6% 4.4%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we recently performed an analysis of LOMA NEGRA COMPAÑÍA INDUSTRIAL ARGENTINA SOCIEDAD ANÓNIMA’s financials. Our assessment concluded that the company is a medium risk investment in terms of financial and business aspects. In terms of our risk rating, LOMA NEGRA COMPAÑÍA INDUSTRIAL ARGENTINA SOCIEDAD ANÓNIMA has two risk warnings in its income sheet and balance sheet. If you would like to learn more details about our assessment, as well as the two risk warnings, simply become a registered user on our site. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The company has been in operation since 1925 and has a workforce of over 3,000 employees. Loma Negra Cia Industria Argentina SA is the largest cement producer in Argentina with a market share of over 50%. The company has a strong presence in the Argentinean market with a network of over 500 dealers and distributors. Loma Negra Cia Industria Argentina SA has a well-established brand name and is a market leader in terms of quality and product innovation. The company’s main competitors are Birla Corp Ltd, JK Lakshmi Cement Ltd, and JK Cement Ltd.

    – Birla Corp Ltd ($BSE:500335)

    Birla Corp Ltd is an Indian multinational conglomerate company headquartered in Kolkata, West Bengal. The company is involved in the manufacturing of cement, textiles, and other industrial products. As of 2022, the company had a market capitalization of 72.12 billion dollars and a return on equity of 5.08%. The company has a long history, dating back to the late 19th century when it was founded by Seth Shiv Narayan Birla.

    – JK Lakshmi Cement Ltd ($BSE:500380)

    JK Lakshmi Cement Ltd. is one of the leading cement companies in India with a market cap of Rs. 75.79 billion as of March 2021. The company has a return on equity (ROE) of 18.75% and is primarily engaged in the business of manufacturing and selling cement. JK Lakshmi Cement has a pan-India presence with over 12 manufacturing plants and an annual production capacity of 16 million tonnes. The company’s products are sold under the brand names of ‘JK Super Cement’ and ‘JK Cement’.

    – JK Cement Ltd ($BSE:532644)

    With a market cap of 217.63B as of 2022, JK Cement Ltd has a strong presence in the cement industry. The company has a return on equity of 17.97%, which is indicative of its profitability. JK Cement Ltd is engaged in the production and sale of cement and other construction materials. The company has a wide network of dealers and distributors, which gives it a competitive advantage in the market.


    LOMA NEGRA COMPAÑÍA INDUSTRIAL ARGENTINA SOCIEDAD ANÓNIMA reported their second quarter of FY2023 earnings on August 9, 2023. Total revenue had a 101.5% increase year-on-year, reaching ARS 50.9 billion. Net income increased by 2.0%, amounting to ARS 2.5 billion.

    Investors can view this as a positive sign of continued growth from the company, and should consider investing in the company for potential capital gains. LOMA NEGRA’s strong financial performance is indicative of the potential for continued success in the future.

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