MEXICO CITY (Reuters) – Grupo Televisa, Mexico’s largest broadcaster, reported on Thursday an 8.6% dip in net profit in the fourth quarter compared with the same period a year earlier.
The company posted a fourth quarter net profit of 3 billion pesos ($148 million) compared to 3.3 billion pesos in the same period in 2020.
The company’s revenue increased 3.7% to 28.8 billion pesos from the year-earlier period.
($1 = 20.5075 pesos at end-December)
(Reporting by Noe Torres, Valentine Hilaire and Cassandra Garrison)
