Stock Groups

Cuervo parent company Becle reports 9.4% increase in Q1 net profit -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – Jose Cuervo Tequila bottles resting on shelves in Mexico City. February 8, 2017, Mexico. REUTERS/Edgard Garrido

MEXICO CITY, (Reuters) – Mexican distiller Becle posted a 9.4% rise in its first quarter net profit, according to a statement.

Becle saw a net profit of 1.35 billion pesos (67.9 Million)

The company’s revenue was 9.07 billion pesos for the first quarter. This is a 26.5% rise over the previous year.

($1 = 19.8911 pesos by end-March)

[ad_2]