Mexican homebuilder Homex posts sharply lower Q1 profit

MEXICO CITY, April 25 Thu Apr 25, 2013 4:11pm EDT

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MEXICO CITY, April 25 (Reuters) - Mexican homebuilder Homex on Thursday reported a first-quarter profit.

The company reported a net gain of 95.265 million pesos ($7.7 million), compared to a sharply higher profit of 729.97 million pesos in the year-earlier quarter.

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