America Movil posts threefold profit jump as costs shrink - Regional Media News
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7 Articles
Am rich M vil, by Carlos Slim, reported that his profits skyrocketed 253% annually in the third quarter, thanks to a reduction in costs.
The profits of América Móvil, the telecommunications company of businessman Carlos Slim, were below expectations despite the rebound in the third quarter and the company cut the losses of prepaid subscribers.The net profit of the company grew 253.2% annually in the third quarter due to a reduction of almost half in the total financial costs, reaching MXN$22.7 billion, according to its financial report.The consensus of Bloomberg analysts projecte…
Read time approx.: 36 secondsAmérica Móvil recorded a net gain of 22.7 billion pesos in the third quarter of 2025, more than three times that of last year's same period, driven by an increase of 4.2% in its income and a sharp reduction in its financial costs. The company, controlled by the family of businessman Carlos Slim, pointed out that this growth is mainly due to the decrease of approximately half of its total financing costs compared to t…
América Móvil, the telecommunications giant owned by Carlos Slim, opened the season of quarterly reports with results that again reflected the momentum of the exchange rate. However, it also showed signs of a more moderate growth. From July to September, revenues totaled 232.9 billion pesos, an increase of 4.2% in nominal terms and 6.2% in constant exchange rate. Meanwhile, the Ebitda increased 4.9% in nominal terms and 6.8% in constant exchange…
During this period, the Mexican telecommunications giant benefited from lower financial costs combined with higher revenues and operating gains.
América Móvil (AMX), the telecommunications giant owned by Carlos Slim, tripled its usefulness during the third quarter of the year, supported by a reduction in financial costs, an easy comparable base and favorable exchange fluctuations for the company.The shares of the station went back on Tuesday 2.03% to 19.33 pesos in the Mexican Stock Exchange (BMV), before the presentation of its report.In the year, it has an advance of 29.30 percent.The …
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