Net profit seen rising for Mexico's Alfa

Newswire

By Gabriela Lopez MONTERREY, Mexico, July 22 (Reuters) - Mexican conglomerate Alfa is expected to report a strong rise in second-quarter net profit, helped by firm revenue growth and exchange rate dividends from a strengthening peso. A survey of five analysts forecast, on average, that Alfa's net profit in the April-June period rose to 1.428 billion pesos ($132.5 million), up 28 percent from a year earlier. Forecasts were in a range from 720 million pesos to 2.832 billion pesos. Alfa ...

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