Mexico's Alfa swings to profit in Q1-March 2024-www.financetom.com

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Mexico's Alfa swings to profit in Q1

Apr 23, 2024 1:33 PM

MEXICO CITY, April 23 (Reuters) - Mexican conglomerate

Alfa on Tuesday posted a first-quarter net profit of

1.02 billion pesos, swinging to profit from the loss of 252

million pesos it posted a year earlier.

The Monterrey-based company, whose business lines include

food and petrochemicals, said revenue for the first quarter of

2024 hit 69.78 billion pesos, down 8.6% from the year before.

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