Mexico's Penoles posts drop in first-quarter profit

miércoles 30 de abril de 2014 19:08 GYT

MEXICO CITY, April 30 (Reuters) - Mexican mining company Industrias Penoles on Wednesday said its profit in the first quarter fell 42 percent from the same period last year.

Penoles earned 1.236 billion pesos ($95 million) in the first quarter compared to 2.142 billion pesos in the year-ago period, the company said in a statement.

(1$ = 13.06 pesos) (Reporting by Michael O'Boyle)