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Mexican homebuilder Urbi posts second-quarter loss
MEXICO CITY, July 27 |
MEXICO CITY, July 27 (Reuters) - Mexican homebuilder Urbi on Friday posted a second-quarter loss of 125.4 million pesos ($9.4 million) compared to a profit in the same quarter a year ago.
In the second quarter of 2011, the company posted a 658.6 million peso net profit.
Urbi said revenue in the April to June period was 3.9 billion pesos, nearly flat from the same quarter a year earlier.
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