February 21, 2019 / 11:57 PM / 4 months ago

Mexico's Televisa reports fourth qtr net profit of $2.9 million

MEXICO CITY, Feb 21 (Reuters) - Mexican broadcaster Televisa on Thursday reported net profit of 56.6 million pesos ($2.9 million) in the fourth quarter, down about 84 percent from the year-ago quarter.

Grupo Televisa, Mexico’s largest broadcaster, also posted net sales of 26.7 billion pesos during the three-month period, which ended in December.

$1 = 19.6650 pesos at end-December Reporting by Daina Beth Solomon; Editing by Delphine Schrank

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