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Wal-Mart De Mexico 1Q Net MXN3.26 Billion Vs MXN2.94 Billion
Tagged: Mexico
Mexican retailer Wal-Mart de Mexico SAB (WMMVY), or Walmex, said Tuesday its net profit grew 11% in the first quarter as higher sales and cost controls contributed to growth in operating profits.
Walmex, a unit of Arkansas-based Wal-Mart Stores Inc. (WMT), reported net profit of 3.26 billion pesos ($306 million), or MXN0.39 a share, compared with MXN2.94 billion or MXN0.34 a share in the year-ago period.”*
*From: money.cnn.com
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Curation from Tomás
Filed Under: 1. Hispanic News, Business, Business News, International
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