Carso's Q4 net dives vs one-time gain year-ago

Newswire

MEXICO CITY, Feb 24 (Reuters) - Mexican conglomerate Grupo Carso posted a 83 percent plunge in fourth-quarter net earnings compared with the same period of 2007, when it recorded an extraordinary sale of a stake in a tobacco unit. Grupo Carso , majority owned by tycoon Carlos Slim, said on Tuesday it earned 2.253 billion pesos ($163 million) in the October-December period, compared with a profit of 13.186 billion pesos a year earlier. The company received $1.1 billion from the sale of ...

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