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Walmart's Mexico unit posts 12.2% rise in 4th quarter net profit

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MEXICO CITY, Feb 18 (Reuters) - Walmart's Mexico unit onThursday reported fourth quarter net profit of 12.6 billionpesos ($632 million), a 12.2% increase from the year-earlierperiod.

Walmart de Mexico, the biggest retailer inMexico, brought in revenue of 196 billion pesos, a 5.5% jumpover the same quarter a year earlier.($1 = 19.95 Mexican pesos as of end-December)(Reporting by Toe Norres and Abraham Gonzales;Writing by Drazen Jorgic)