© Stocksak. FILEPHOTO: Loaves made by Grupo Bimbo, a Mexican breadmaker, are shown at a Monterrey convenience shop on August 6, 2018. Picture taken August 6, 2018. REUTERS/Daniel Becerril
MEXICO CITY (Stocksak – Grupo Bimbo, a Mexican breadmaker, reported a 50.77% increase on its third quarter net profit over the year-ago period.
Bimbo’s net profit increased to 6.06 trillion pesos ($301 millions).
In the third quarter, company revenues rose 20% to 102.8 million pesos.
($1 = 20.1271 pesos by end-September)