April 23, 2013 / 8:31 PM / 4 years ago

UPDATE 1-Mexico's Walmex reports higher 1st-quarter profit

1 Min Read

MEXICO CITY, April 23 (Reuters) - Mexico's biggest retailer, Wal-Mart de Mexico, said on Tuesday its first-quarter profit rose 5.5 percent from a year earlier, helped by an increase in sales.

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 of 2012.

Revenue rose 5 percent to 101.9 billion pesos.

Walmex shares closed down 0.59 percent at 38.75 pesos before the company reported its results.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below