Cuervo parent company Becle reports 58.6% rise in Q2 net profit
MEXICO CITY, July 28 (Reuters) - Mexican distiller Becle, better known as the parent company of the popular Jose Cuervo tequila brand, posted a 58.6% jump in second-quarter net profit, the company said in a statement on Thursday.
Becle's net profit rose to 1.40 billion Mexican pesos ($69.5 million).
Revenue for the quarter reached 11.33 billion pesos, an 18.9% increase from the same period last year.
($1 = 20.1353 pesos at end-June) (Reporting by Kylie Madry; Editing by Christian Plumb)