Monday, 09 July 2007

UPDATE 1-Mexico's Walmex net rises, cost cuts lift revenue

(Reuters) - Walmex , a unit of No. 1 global retailer
Wal-Mart Stores Inc. , said it earned 2.971 billion
pesos in the April-June period, compared with
2.774 billion pesos in the same period a year earlier.




Quarterly revenue came in at 51.089 billion pesos, up 9
percent from 47.048 billion pesos in the same period of 2006.


Read more at Reuters.com Market News

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