Wal-Mart de Mexico 4Q profit rises 14 percent

Posted on February 22, 2011 • Filed under: Business, Mexico

Wal-Mart de Mexico SA says its fourth-quarter profit rose 14 percent thanks to its new stores in Central America. The Mexican unit of Wal-Mart Stores Inc. says in an earnings report that net income rose to 6.5 billion pesos ($539 million) in the fourth quarter, up from 5.74 billion pesos during the same period in 2009. Read Article

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