Grupo Mexico net profit rises to $844m in third quarter
Image: Grupo Mexico
Mining giant Grupo Mexico, one of the world’s largest copper producers, on Wednesday said its net profit rose in the third quarter by 7.9% to $844 million compared with the same period a year earlier.
The company also reported a 28.9% increase in revenue year over year, to $3.65 billion.
Grupo Mexico’s shares fell 2% after the results was released early Wednesday.
(By Noe Torres and Laura Gottesdiener; Editing by Mark Porter)
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