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Mexico's Walmex reports higher 1st-qtr profit
April 23, 2013 / 8:11 PM / in 4 years

Mexico's Walmex reports higher 1st-qtr profit

MEXICO CITY, April 23 (Reuters) - Mexico’s biggest retailer, Wal-Mart de Mexico, on Tuesday said its first-quarter profit rose 5.5 percent from the year-earlier quarter.

Walmex, controlled by Wal-Mart Stores Inc , reported a profit of 4.971 billion pesos ($403 million), compared to 4.712 billion pesos in the first-quarter 2012.

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