Profit at Mexico's Arca drops 9.2 pct in second quarter
MEXICO CITY, July 18 (Reuters) - Mexican Coke bottler Arca Continental on Monday reported a 9.2 percent drop in net profit during the second quarter compared with the same period a year earlier.
The company posted a net profit of 2.001 billion pesos ($109.6 million) in the April-June period, down from 2.203 billion pesos in the same quarter in 2015, the company said in a statement.
Revenue rose 27.9 percent to 23.07 billion pesos in the second quarter.
($1 = 18.2575 pesos at end June) (Writing by Dave Graham Editing by W Simon)
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