Mexico's Femsa reports lower first-quarter profit

Reuters

MEXICO CITY, April 30 (Reuters) - Mexican retailer and bottler Femsa on Wednesday said its first-quarter profit fell 5 percent.

The company, which operates convenience store chain Oxxo and co-owns Coke bottler Coca-Cola Femsa with the Coca Cola Co, reported a profit of 2.488 billion pesos ($190.5 million) in the three months to the end of March, compared to 2.613 billion pesos a year earlier.

($1 = 13.06 pesos at end March) (Reporting by Elinor Comlay)

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