America Movil First Quarter Profit Rises 25.1 Percent
America Movil reported a 25.1 percent rise in first-quarter profit to 23.40 billion pesos. Revenue for the period increased 2.1 percent to 236.84 billion pesos.
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The telecommunications giant AMERICA MOVIL SAB DE C-SER B has reported a significant increase in its financial performance for the first quarter of the year. Based in Mexico, the company announced a 25.1% rise in net profit, driven by steady revenue growth across its operations.
