Femsa Reports 81% Rise in Third-Quarter Net Profit
Fomento Economico Mexicano said net profit rose 81% in the third quarter, amid solid sales and operating profit growth at Oxxo and Coca-Cola Femsa.
By Anthony HarrupMEXICO CITY--Retail and beverages conglomerate Fomento Economico Mexicano posted an 81% rise in third-quarter net profit amid solid sales and operating profit growth at the Oxxo convenience store chain and beverages unit Coca-Cola Femsa.The company better known as Femsa reported pr…