February 21, 2013 / 9:41 PM / 4 years ago

Mexico's Walmex sees 2013 capex of up to 17.9 bln pesos

MEXICO CITY, Feb 21 (Reuters) - Mexico's biggest retailer Wal-Mart de Mexico expects to spend between 17.3 billion pesos and 17.9 billion pesos in 2013 on new stores and other capital expenditures, a company executive said at its annual analyst meeting on Thursday.

The company on Wednesday reported weaker-than-expected fourth-quarter profit.

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