Mexico's Alfa Q2 net profit more than doubles
MEXICO CITY, July 20 (Reuters) - Mexican conglomerate Alfa on Wednesday reported a second-quarter net profit of 4.86 billion pesos ($241.51 million), more than doubling from the same period a year earlier.
Revenue at the Monterrey-based company, whose business lines include food, petrochemicals and telecommunications, rose 29.5% to 96.87 billion pesos during the second quarter. ($1 = 20.1353 pesos at end-June) (Reporting by Kylie Madry and Noe Torres; Writing by Valentine Hilaire; Editing by Christian Plumb)