Mexico’s America Movil sees net profit triple in fourth quarter -Breaking
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© Reuters. FILE PHOTO – The logo for America Movil can be seen on the wall of a reception in Mexico City’s corporate office. It was taken January 25, 2022. REUTERS/Gustavo GrafMEXICO CITY – Mexican telecommunications industry giant America Movil (NYSE:) Tuesday reported a net profit for the fourth quarter of 135.6 billion pesos ($6.6 million), which is more than three times that recorded a year ago.
Revenues rose from 211.15 trillion pesos to 227.3 million during the preceding year.
($1 = 20.5075 pesos at end-December)
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