MEXICO CITY Oct 24 Mexican media company Grupo
Televisa, the world's biggest producer of
Spanish-language content, said on Thursday its third-quarter
profit fell 16.5 percent, hurt by a higher tax burden, interest
payments and currency fluctuations.
The company reported a profit of 2.39 billion pesos ($181.7
million) compared to 2.86 billion pesos in the year-earlier
Televisa said in a press release that revenues rose 8.1
percent in the June-September period to 18.76 billion pesos.
Televisa shares closed the day up 0.74 percent at 78.75
pesos before the results were announced.