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6 months ago
REFILE-Mexico's Walmex posts 4th-quarter net profit of 10.4 billion pesos
February 15, 2017 / 9:23 PM / 6 months ago

REFILE-Mexico's Walmex posts 4th-quarter net profit of 10.4 billion pesos

(Corrects day in first paragraph to Wednesday, not Thursday)

MEXICO CITY, Feb 15 (Reuters) - Mexico's biggest retailer, Wal-Mart de Mexico, reported a 23 percent rise in fourth-quarter net profit on Wednesday.

Wal-Mart de Mexico posted a net profit of 10.4 billion pesos ($504 million) in the period, up from 8.47 billion pesos in the year-earlier period.

$1 = 20.64 pesos on Dec. 30 Reporting by Noe Torres and Natalie Schachar

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