MEXICO CITY (Reuters) – Walmart’s Mexico unit on Tuesday reported first quarter net profit of 10.1 billion pesos ($493.2 million), up 0.7% from the year-earlier period.
Walmart de Mexico, the biggest retailer in Mexico, brought in revenue of 170.76 billion pesos, down slightly from the same quarter last year.
($1= 20.4200 pesos at end-March)
(Reporting by Daina Beth Solomon and Noe Torres)
