Mexico's Soriana reports sharply lower fourth-quarter profit

MEXICO CITY Thu Feb 27, 2014 12:23pm EST

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MEXICO CITY Feb 27 (Reuters) - Mexico's No. 2 supermarket chain, Organizacion Soriana, on Thursday said its fourth-quarter profit nearly halved from the year-earlier period.

The company reported a profit of 565 million pesos ($43 million) compared to 1.05 billion pesos in the October-December period a year earlier.

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