Mexican telecoms giant America Movil posts 39% jump in first-quarter profit
ReutersApr 29, 2025 9:46 PM
MEXICO CITY, April 29 (Reuters) - Mexican telecommunications giant America Movil AMXB.MX on Tuesday reported a 38.6% jump in its first-quarter net profit compared to the same period in 2024, reaching 18.70 billion pesos ($914.07 million).
Revenues of the company, controlled by the family of Mexican billionaire Carlos Slim, came in at 232.04 billion pesos for the period, up 14.1% year on year.
($1 = 20.4604 pesos at end-March)
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