RIO DE JANEIRO, BRAZIL - Mining and transport firm Grupo Mexico reported on Tuesday, January 26th a US$2.30 billion net profit last year, up 4% compared to 2019, helped by higher mining output and growing revenues, the company said in a filing with the Mexican stock exchange.
Its fourth quarter net profit was wider than the year-ago period, up 67% to reach US$1.27 billion, according to the filing.
Grupo Mexico is one of the world's largest copper producers and a major Mexican rail operator.
During the fourth quarter, production of copper and silver were up . . .
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