Mexico Carso's quarterly net profit seen near flat

Newswire

By Lorraine Orlandi MEXICO CITY, July 22 (Reuters) - Mexican conglomerate Grupo Carso is seen posting a second-quarter profit nearly flat with the year before as a recent recovery in industrial units eased and costs rose with the expansion of its retail store chain. Five analysts surveyed by Reuters this week forecast, on average, that Carso's net would reach 1.293 billion pesos ($120 million), down 1 percent from the second quarter of 2004. Estimates varied and some analysts forecast a ...

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