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Mexico's FEMSA posts second-quarter net profit up 18%

2023-07-27 21:46
MEXICO CITY Mexico's FEMSA, which controls one of the world's largest Coca-Cola bottlers and a string of convenience
Mexico's FEMSA posts second-quarter net profit up 18%

MEXICO CITY Mexico's FEMSA, which controls one of the world's largest Coca-Cola bottlers and a string of convenience store chains, posted a 18% year-on-year surge in its second-quarter net profit on Thursday, hitting 6.16 billion pesos.

Revenue for the company also rose 18% over April to July to reach 198.22 billion pesos.

(Reporting by Valentine Hilaire and Marion Giraldo; Editing by Sarah Morland)