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America Movil Q2 net profit more than doubles to 42.8 bln pesos

Credit: REUTERS/CARLOS JASSO

Mexican telecommunications giant America Movil reported on Tuesday that its second quarter net profit more than doubled to 42.8 billion pesos ($2.1 billion) compared with the same period a year earlier.

MEXICO CITY, July 13 (Reuters) - Mexican telecommunications giant America Movil AMXL.MX reported on Tuesday that its second quarter net profit more than doubled to 42.8 billion pesos ($2.1 billion) compared with the same period a year earlier.

The latest figures compared with a net profit of 19.5 billion pesos between April and June of 2020.

The company's revenues rose 0.4% to 252.5 billion pesos from 251.58 billion pesos during the year-earlier period.

($1= 19.9470 pesos at end-June)

(Reporting by Noe Torres and Cassandra Garrison)

((Cassandra.Garrison@thomsonreuters.com; +52 55 6200 7873;))

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