{"id":482911,"date":"2021-04-27T17:12:33","date_gmt":"2021-04-27T21:12:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/"},"modified":"2021-04-27T17:12:33","modified_gmt":"2021-04-27T21:12:33","slug":"gcc-reports-first-quarter-2021-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/","title":{"rendered":"GCC Reports First Quarter 2021 Results"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">CHIHUAHUA, Mexico, April  27, 2021  (GLOBE NEWSWIRE) &#8212; GCC, S.A.B. de C.V. (BMV: GCC*), a leading supplier and producer of cement and concrete in the United States, Mexico and Canada, today announced its results for the first quarter 2021.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <strong>Q1 2021 HIGHLIGHTS<\/strong><br \/>\n        <\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">Mexico cement and ready-mix volumes increased 6% and 8%, respectively<\/li>\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">U.S cement volumes grew 5.9%, excluding oil well cement. Total cement volumes decreased 7.7%<\/li>\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">Consolidated net sales decreased 1.5%, to US$178.8 million<\/li>\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">EBITDA increased 9.2% to US$49.5 million, with a 27.7% EBITDA margin; a 270 basis-point increase<\/li>\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">Free cash flow increased 59% to US$17.7 million with a 35.8% conversion rate from EBITDA<\/li>\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">Net leverage (net debt\/EBITDA) ratio dropped to 0.22x as of March 2021<\/li>\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">Earnings per share decreased 6.6% year on year, to US$0.0463<\/li>\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">GCC received investment grade ratings from Fitch Ratings and S&amp;P Global Ratings. Credit rating was raised to BBB- with a stable outlook<\/li>\n<li style=\"margin-top:8pt;margin-bottom:12pt;text-align:justify\">Official corporate name was changed from Grupo Cementos de Chihuahua to GCC\n<\/li>\n<\/ul>\n<p align=\"justify\">\n        <strong><br \/>\n          <strong>KEY FIGURES<\/strong><br \/>\n        <\/strong> (millions of dollars)<\/p>\n<table style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:70%;border-collapse:collapse\">\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>\u00a0<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong><br \/>\n              <strong>Q1 21<\/strong><br \/>\n            <\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong><br \/>\n              <strong>Q1 20<\/strong><br \/>\n            <\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong><br \/>\n              <strong>Q1 21 vs. Q1 20<\/strong><br \/>\n            <\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;vertical-align: middle\">Net sales<\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">178.8<\/td>\n<td style=\"border-top: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">181.4<\/td>\n<td style=\"border-top: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">-1.5<\/td>\n<td style=\"border-top: solid black 1pt;padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Operating income before other expenses, net<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">25.5<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">20.6<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">23.7<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">EBITDA*<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">49.5<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">45.3<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">9.2<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">EBITDA margin<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">27.7<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">%<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">25.0<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">%<\/td>\n<td colspan=\"2\" style=\"text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Free cash flow**<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">17.7<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">11.1<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">58.9<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Net income<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">15.3<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">16.5<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">-6.9<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">%<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">Earnings per share (US$) ***<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.0463<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.0495<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">-6.6<\/td>\n<td style=\"padding-left: 0;text-align: left;vertical-align: middle;vertical-align: middle\">%<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <em>*EBITDA: operating income before other expenses + depreciation and amortization<\/em><br \/>\n        <br \/>\n        <em>**Free cash flow before growth and strategic CapEx<\/em><br \/>\n        <br \/>\n        <em>***Earnings per share calculated based on average number of outstanding shares during the quarter<\/em>\n      <\/p>\n<p align=\"justify\">Enrique Escalante, GCC\u2019s Chief Executive Officer,\u00a0said \u201cGCC\u00a0started 2021\u00a0with strong financial performance\u00a0&#8211; increasing EBITDA,\u00a0free\u00a0cash\u00a0flow and EBITDA margin.\u00a0Our results reflect momentum in the industry and show early signs that we are entering into a new phase of the industry\u00b4s cycle with a stronger demand for most of our products. Therefore, we will focus our efforts in producing\u00a0cement to\u00a0supply pent-up demand.\u201d<\/p>\n<p align=\"justify\">Mr. Escalante continued, \u201cOur backlog and the overall market trends of our business are encouraging in the U.S.\u00a0and Mexico.\u00a0Both countries\u00a0are emerging from tough and uncertain times into brighter months ahead.\u00a0Our focus continues on maximizing production, improving plant reliability, and optimizing our logistics network to take advantage of the pent-up demand we are experiencing.\u201d<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <strong>CONFERENCE CALL<\/strong><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">GCC, S.A.B. de C.V. will host its earnings conference call on April 28, 2021.<\/p>\n<p align=\"justify\">Time: 11 a.m. (Eastern Time) \/ 10 a.m. (Central Time) \/ 9 a.m. (Mountain Time)<\/p>\n<p align=\"justify\">Conference ID: 13714203<\/p>\n<table style=\"border-collapse: collapse;width:508;border-collapse:collapse\">\n<tr>\n<td colspan=\"3\">Dial in<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>U.S. (toll free):<\/td>\n<td>1-877-407-0789<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>International:<\/td>\n<td>1-201-689-8562<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\">Replay (through May 5, 2021, 11:59 p.m.):<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>U.S. (toll free):<\/td>\n<td>1-844-512-2921<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>International:<\/td>\n<td>1-412-317-6671<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">Listen-only webcast and replay: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eTpgbNyWfziLeHxhLvWmYTx9S3v9kTvI_GJnHSP8QRSpcQ-Q5NuJ2JItydIe6AmBkTZOH8REYunsCFlEAjhP2NvKSzrxkjezAX7JEaYsZms=\" rel=\"nofollow noopener\" target=\"_blank\">click here<\/a><\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <strong>ABOUT GCC <\/strong><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">GCC is a leading supplier and producer of cement, concrete, aggregates and construction\u2010related services in the United States, Mexico and Canada. The Company has an annual cement production capacity of 5.85 million metric tons.<\/p>\n<p align=\"justify\">Founded in 1941, the Company\u2019s shares are listed on the Mexican Stock Exchange under the ticker symbol GCC*.<\/p>\n<p>Forward Looking Statements<\/p>\n<p align=\"justify\">\n        <em>This earnings report may contain forward-looking statements. All statements that are not clearly historical in nature are forward-looking, and the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cproject\u201d and similar expressions are generally intended to identify forward-looking statements. These statements are subject to risks and uncertainties including, among others, changes in macroeconomic, political, legal, public health crises including COVID-19, governmental or business conditions in the markets where GCC operates; changes in interest rates, inflation rates and currency exchange rates; performance of the construction industry; and pricing, business strategy and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from the beliefs, projections and estimates described herein. GCC assumes no obligation to update the information contained in this press release. Due to rounding, numbers presented throughout this document may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>For further information, contact: <\/strong>\n      <\/p>\n<p align=\"justify\">GCC Investor Relations<\/p>\n<p align=\"justify\">Ricardo Martinez<\/p>\n<p align=\"justify\">+52 (614) 442 3176<\/p>\n<p align=\"justify\">+ 1 (303) 739 5943<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0i_FwFRzk5-46sZFr72Gdn4Ss0Cfo2lU5y_vclIDVGoeKw70pv3bBphexVhk5EgpERNqzkYa9yUmVtJwAnQk5FSTXlTI_aQGIv17_VaSvWM=\" rel=\"nofollow noopener\" target=\"_blank\">rmartinezg@gcc.com<\/a>\n      <\/p>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyNDk4NyM0MTQyMTE4IzIwOTIyNzg=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/4fb668e1-e399-493b-8f93-272615d9316a\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CHIHUAHUA, Mexico, April 27, 2021 (GLOBE NEWSWIRE) &#8212; GCC, S.A.B. de C.V. (BMV: GCC*), a leading supplier and producer of cement and concrete in the United States, Mexico and Canada, today announced its results for the first quarter 2021. Q1 2021 HIGHLIGHTS Mexico cement and ready-mix volumes increased 6% and 8%, respectively U.S cement volumes grew 5.9%, excluding oil well cement. Total cement volumes decreased 7.7% Consolidated net sales decreased 1.5%, to US$178.8 million EBITDA increased 9.2% to US$49.5 million, with a 27.7% EBITDA margin; a 270 basis-point increase Free cash flow increased 59% to US$17.7 million with a 35.8% conversion rate from EBITDA Net leverage (net debt\/EBITDA) ratio dropped to 0.22x as of March 2021 Earnings per share decreased &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GCC Reports First Quarter 2021 Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-482911","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GCC Reports First Quarter 2021 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GCC Reports First Quarter 2021 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CHIHUAHUA, Mexico, April 27, 2021 (GLOBE NEWSWIRE) &#8212; GCC, S.A.B. de C.V. (BMV: GCC*), a leading supplier and producer of cement and concrete in the United States, Mexico and Canada, today announced its results for the first quarter 2021. Q1 2021 HIGHLIGHTS Mexico cement and ready-mix volumes increased 6% and 8%, respectively U.S cement volumes grew 5.9%, excluding oil well cement. Total cement volumes decreased 7.7% Consolidated net sales decreased 1.5%, to US$178.8 million EBITDA increased 9.2% to US$49.5 million, with a 27.7% EBITDA margin; a 270 basis-point increase Free cash flow increased 59% to US$17.7 million with a 35.8% conversion rate from EBITDA Net leverage (net debt\/EBITDA) ratio dropped to 0.22x as of March 2021 Earnings per share decreased &hellip; Continue reading &quot;GCC Reports First Quarter 2021 Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-27T21:12:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyNDk4NyM0MTQyMTE4IzIwOTIyNzg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gcc-reports-first-quarter-2021-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gcc-reports-first-quarter-2021-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"GCC Reports First Quarter 2021 Results\",\"datePublished\":\"2021-04-27T21:12:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gcc-reports-first-quarter-2021-results\\\/\"},\"wordCount\":641,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gcc-reports-first-quarter-2021-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIyNDk4NyM0MTQyMTE4IzIwOTIyNzg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gcc-reports-first-quarter-2021-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gcc-reports-first-quarter-2021-results\\\/\",\"name\":\"GCC Reports First Quarter 2021 Results - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/","og_locale":"en_US","og_type":"article","og_title":"GCC Reports First Quarter 2021 Results - Market Newsdesk","og_description":"CHIHUAHUA, Mexico, April 27, 2021 (GLOBE NEWSWIRE) &#8212; GCC, S.A.B. de C.V. (BMV: GCC*), a leading supplier and producer of cement and concrete in the United States, Mexico and Canada, today announced its results for the first quarter 2021. Q1 2021 HIGHLIGHTS Mexico cement and ready-mix volumes increased 6% and 8%, respectively U.S cement volumes grew 5.9%, excluding oil well cement. Total cement volumes decreased 7.7% Consolidated net sales decreased 1.5%, to US$178.8 million EBITDA increased 9.2% to US$49.5 million, with a 27.7% EBITDA margin; a 270 basis-point increase Free cash flow increased 59% to US$17.7 million with a 35.8% conversion rate from EBITDA Net leverage (net debt\/EBITDA) ratio dropped to 0.22x as of March 2021 Earnings per share decreased &hellip; Continue reading \"GCC Reports First Quarter 2021 Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-27T21:12:33+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyNDk4NyM0MTQyMTE4IzIwOTIyNzg=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"GCC Reports First Quarter 2021 Results","datePublished":"2021-04-27T21:12:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/"},"wordCount":641,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyNDk4NyM0MTQyMTE4IzIwOTIyNzg=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/gcc-reports-first-quarter-2021-results\/","name":"GCC Reports First Quarter 2021 Results - 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