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America Movil posts threefold profit jump as costs shrink - Regional Media News
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5 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.
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…
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 …
America Movil posts threefold profit jump as costs shrink - Regional Media News
MEXICO CITY (Reuters) -Mexican telecoms giant America Movil on Tuesday reported a more than a threefold jump in third-quarter profit, as results landed in line with the predictions of analysts polled by LSEG, helped by a sharp drop in financing costs. America Movil, controlled by the family of Mexican billionaire Carlos Slim, cited a reduction of “around half the integral financing costs compare to the same quarter last year” as a reason for the…
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