April 25, 2018 / 9:59 PM / 3 months ago

Mexico's Mexichem profit rises by 50 pct in 1st-qtr

MEXICO CITY, April 25 (Reuters) - Mexican chemicals and plastic pipe maker Mexichem reported a 52 percent rise in first quarter net profit on Wednesday, compared to the year-earlier quarter.

The company said that profit was $78.9 million in the first quarter, compared to $51.9 million in the first three months of 2017. (Reporting by Christine Murray)

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