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Novacero S.A. (Ecuador)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing | Fabricated Structural Metal Manufacturing
Full name: Novacero S.A. Profile Updated: November 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Novacero S.A. was established in 1973 in Quito and is a leading Ecuadorian company in the steel industry. It is primarily engaged in the production, development and implementation of steel products for the construction of different types of facilities in the country and overseas. Currently the company is serving more than 400 distribution spots in Ecuador, Central America, Peru, Bolivia, Chile and has 3 commercial centres in Guayaquil, Quito and Cuenca and 3 industrial plants in Guayaquil, Quito and Lasso. Novacero S.A. offers a wide range of products in different segments, among which concrete reinforcements, metal covers, road goods, mechanic pipes, structural tubing and profiles, etc.

Headquarters
Panamericana Norte Km. 16
Latacunga; Cotopaxi;

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Website: http://WWW.NOVACERO.COM

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 30, 1983
Key Executives
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President
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Vice President
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Commercial Manager
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Manager
Ownership Details
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100%
Subsidiaries
L4t Ecuador S.A.
40%
Cargosteel S.A.
39.18%
Gasolinera - Nova Energy S.A.
39.9%
Company Performance
Financial values in the chart are available after Novacero S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-14.33%
Total operating revenue
-14.22%
Operating profit (EBIT)
-17.66%
EBITDA
-11.42%
Net Profit (Loss) for the Period
-28.97%
Total assets
6.42%
Total equity
8.52%
Operating Profit Margin (ROS)
-0.42%
Net Profit Margin
-0.95%
Return on Equity (ROE)
-5.14%
Debt to Equity Ratio
3.26%
Quick Ratio
-0%
Cash Ratio
-0.02%

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