MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil reported on Tuesday that its second quarter net profit more than doubled to 42.8 billion pesos ($2.1 billion) compared with the same period a year earlier.
The latest figures compared with a net profit of 19.5 billion pesos between April and June of 2020.
The company’s revenues rose 0.4% to 252.5 billion pesos from 251.58 billion pesos during the year-earlier period.
($1= 19.9470 pesos at end-June)
(Reporting by Noe Torres and Cassandra Garrison)
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