MEXICO CITY Feb 12 Mexican conglomerate Alfa
on Tuesday posted a fourth-quarter profit of 1.497
billion pesos ($116.3 million), an increase of 57 percent from
the 952.6 million peso profit logged in the same period a year
The company said in a statement that market trends in auto
parts, telecoms and hydrocarbons were positive in the final
quarter of last year, while the petrochemical business continued
to face volatile conditions, especially in Asia.
Quarterly revenue at the Monterrey-based Alfa reached 48.05
billion pesos during the October-December period, down slightly
from 48.34 billion a year earlier.