Mexico's Femsa posts 18% dip in fourth-quarter profit
MEXICO CITY, Feb 23 (Reuters) - Mexican bottler and retailer Femsa posted a 17.7% year-on-year drop in its fourth-quarter net profit on Friday, settling at 3.27 billion pesos.
Revenue for the company, which controls one of the world's largest Coca-Cola bottlers and a sprawling chain of Oxxo convenience stores, climbed to 189.82 billion in the October-to-December period. (Reporting by Valentine Hilaire and Noe Torres)