April 24, 2019 / 1:46 PM / a month ago

Shares of Mexico's Alfa slide more than 3 pct after results

MEXICO CITY, April 24 (Reuters) - Shares of Mexican conglomerate Alfa fell more than 3 percent in early trading on Wednesday after the company on Tuesday afternoon posted a steep drop in first quarter net profit.

The company, which operates in the food packaging, car parts, petrochemicals and energy industries, reported profit in the January-March period of 1.26 billion pesos ($65 million), down from 3.55 billion pesos a year earlier. (Reporting by Miguel Angel Gutierrez)

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