October 24, 2017 / 10:25 PM / a month ago

America Movil reports net loss of 9.55 bln pesos in third quarter

MEXICO CITY, Oct 24 (Reuters) - Mexican billionaire Carlos Slim’s America Movil on Tuesday reported a net loss of 9.55 billion pesos ($525 million) for the third quarter, hampered by the depreciation of the Mexican peso.

The company reported a profit of 2.12 billion pesos in the same quarter a year earlier.

[$1 = 18.1785 pesos] (Reporting by Julia Love, Noe Torres and Christine Murray)

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