July 27, 2018 / 12:50 PM / 4 months ago

Mexico's Femsa 2nd-qtr profit jumps 89 pct

MEXICO CITY, July 27 (Reuters) - Mexican bottler and retailer Fomento Economico Mexicano, or Femsa, said on Friday that its second quarter net profit surged about 89 percent compared to the year-earlier period.

The company said that net profit was 8.796 billion pesos ($442.6 million), up from 4.657 billion pesos a year earlier.

$1 = 19.8730 pesos at the end of June Reporting by Anthony Esposito

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