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

07/27/2023
Less than a minute

2023.07.27 09:37


© Reuters. FILE PHOTO: The logo of Coca Cola Femsa, the largest Coke bottler in the world, is pictured at its headquarters in Monterrey, Mexico, April 25, 2017. Picture taken April 25, 2017. REUTERS/Daniel Becerril/File Photo

MEXICO CITY (Reuters) – Mexico’s FEMSA, which controls one of the world’s largest Coca-Cola (NYSE:) 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.

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07/27/2023
Less than a minute

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