Walmart’s Mexico unit posts nearly 12% jump in Q4 net profit

MEXICO CITY (Reuters) – Walmart’s Mexico unit on Wednesday posted a nearly 12% jump in its fourth-quarter net profit from the year earlier period, with 14.82 billion pesos.

Revenue for the company stood at 237.82 billion pesos for the quarter.

(Reporting by Valentine Hilaire and Marion Giraldo; Editing by Daina Beth Solomon)

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