[ad_1]
Reuters. – Mexican telecommunications giant América Móvil has announced a larger-than-expected decline in net income for the second quarter, mainly affected by currency losses.
América Móvil, at the head of the economic empire of the tycoon Carlos Slim, obtained during the period a net profit of 818 million pesos (41.1 million dollars), 94.3% of less than the one recorded between April and June 2017.
Analysts predict that the company, with a presence in most of the continent According to a survey conducted by Reuters, America, the US, the US, and the US Austria and Eastern Europe are expected to record a profit of 3.509 million pesos.
It reads: The net result of America Móvil down 49.6% in the first quarter
full financing of 32.236 billion pesos, almost three times as much as in the second quarter of the year. Last year, mainly due to foreign exchange losses resulting from the appreciation of the dollar against the currencies of the main markets in which it operates.
The currency of Mexico, its most important place, lost more than 7.0% of its value during the quarter, while the Brazilian real, its second largest market The total business turnover of América Móvil, which offers its users telephony, internet and subscription television services, has slightly increased compared to what had been forecast by the investigation and ended three consecutive quarters of
The company pointed out that during the quarter, it added 1.1 million subscribers to postpaid services, which generated the highest profit, half of which in Brazil , which closed the period with 279 million mobile customers. consolidated level for a total of 362 million access.
EBITDA, an important indicator for measuring profitability, rose 3.0% from one year to another at 72.021 million pesos.
Source link
