Mexico's Vitro posts 4th-qtr net profit vs loss


MONTERREY, Mexico, Feb 22 (Reuters) - Mexican glass maker Vitro reported net profits of $3 million in the fourth-quarter of last year, against a loss of $11 million in the same period a year earlier, aided by one-time tax gains. Monterrey-based Vitro said on Tuesday earnings before interest, tax, depreciation and amortization (EBITDA) -- a key performance gauge for Mexican companies -- slipped 10 percent to $87 million in the period. Net sales in the October to December period reached ...

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