América Móvil Reports Profits for 47 Billion Pesos

revistafortuna.com.mx

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Reading time approx.: 1 minutes, 33 secondsWith margin pressure, the country's largest telecommunications service operator presented a quarterly report above those estimated in almost all its lines.The revaluation of the weight favored its net profit, with exchange earnings of 11,000 mdp. The shares of América Móvil (AMX), the largest telecommunications service operator in Mexico and the Latin American region, extended their profits in the Mexic…

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In the second quarter of the year, América Móvil (BMV:AMX) added 185 thousand new mobile subscribers, including 102 thousand postpaid customers, bringing its total base to 84.1 million, according to the report sent to the Mexican Stock Exchange (BMV) investor public. The station also reported that in the mobile segment, revenues for services increased 4.0 percent, compared to 0.8 percent in the previous quarter. “The growth of postpaid revenues …

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The telecommunications firm América Móvil, of the tycoon Carlos Slim, reports operating profits for 47 billion pesos, an increase of 4% compared to the same quarter of the year. The total financing costs decreased significantly because 11 billion pesos were recorded in exchange earnings. It may also interest you: Alsea reports profits for 1 025 million pesos “This allowed us to report a net profit of 22.3 billion pesos in the quarter. Net profit…

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During the second quarter of the year, América Móvil, the communications giant, reflected in its profits the positive effect on the appreciation of the peso against the dollar as well as the demand for other currencies from emerging countries where it operates. From April to June, the net profit of the company owned by Carlos Slim amounted to 22,282 million pesos (mdp). This result contrasted with the net loss of 1,093 mdp that it had in the sam…