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Mexican Grupo Carso posts 58 pct drop in net profit

MEXICO CITY, Feb 26 (Reuters) - Mexican conglomerate Grupo Carso posted a 58 percent decline in fourth-quarter net profit on Monday, after spinning-off units in 2005.

Grupo Carso , an industrial and retail holding that belongs to the business empire of Latin American billionaire Carlos Slim, said its October-December net profit was 1.82 billion pesos ($168.4 million).

($1 = 10.809 pesos at end December)