October 24, 2013 / 11:35 PM / in 4 years

UPDATE 1-Mexico broadcaster Televisa posts 16.5 pct fall in third-qtr profit

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MEXICO CITY, Oct 24 (Reuters) - 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 quarter.

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.

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