Mexico’s Mexichem says Q2 net profit more than doubles

MEXICO CITY, July 25 (Reuters) – Mexican plastic pipe-maker Mexichem posted a second-quarter net profit of $161.9 million on Wednesday, more than double the same quarter last year.

The company reported revenue of $1.968 billion during the quarter, up 35 percent compared to the same quarter last year. (Reporting by Michael O’Boyle Editing by Christine Murray)

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