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Mexico's Coca-Cola FEMSA says 1st-qtr profit rises
April 26, 2012 / 9:31 PM / 5 years ago

Mexico's Coca-Cola FEMSA says 1st-qtr profit rises

1 Min Read

MEXICO CITY, April 26 (Reuters) - Mexico's Coca Cola Femsa , the world's biggest Coke bottler, said in a preliminary statement on Thursday its first-quarter profit rose 19.9 percent.

The company, a joint venture between Mexican retail company Femsa and The Coca-Cola Co, said its first-quarter profit rose to 2.636 billion pesos ($205 million).

Revenue rose 29.7 percent to 33.54 billion pesos, the company said.

Coca-Cola Femsa, in its initial statement, did not give comparable figures for the year-earlier quarter and it had not yet filed full results with Mexico's stock exchange.

The company's shares closed down 0.57 percent at 139.97 pesos.

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