Mexico's Femsa shares jump after net profit doubles
ReutersFeb 27, 2025 2:56 PM
MEXICO CITY, Feb 27 (Reuters) - Shares of Mexico's Femsa gained about 7% in early trading on Thursday, after the company reported that its net profit more than doubled in the fourth quarter of 2024 compared with the same period a year earlier.
FEMSA FEMSAUBD.MX, which controls one of the largest Coca-Cola bottlers and a string of convenience store chains, posted earlier on Thursday a net profit of 6.79 billion pesos ($325 million).
($1 = 20.8829 pesos at end-December)
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