UPDATE 1-Mexico's Carso Q1 net down in industry slump

Newswire

(Adds detail, analyst quotes, background, stock price) By Lorraine Orlandi MEXICO CITY, April 29 (Reuters) - Mexican retail and industrial conglomerate Grupo Carso posted a 46-percent drop in first-quarter net profit on Tuesday as a cloudy industrial environment again dampened operating results. Carso -- part of the business empire of Latin America's richest man, Carlos Slim -- said its first-quarter net profit was 459 million pesos ($45 million based on Tuesday's exchange rate), ...

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