MEXICO CITY (Reuters) – Mexican breadmaker Grupo Bimbo posted on Thursday a 50.77% increase in its third quarter net profit from the year-ago period.
Bimbo’s net profit rose to 6.06 billion pesos ($301 million).
Company revenues climbed 20% to 102.8 billion pesos in the quarter.
($1 = 20.1271 pesos by end-September)
(Reporting by Valentine Hilaire, Editing by Isabel Woodford)
