UPDATE 1-Mexico's Vitro posts net profit vs loss

Newswire

(Adds comment, details) MONTERREY, Mexico, Feb 22 (Reuters) - Mexico's Vitro posted a quarterly net profit of $3 million, against a loss of $11 million a year earlier, following a move to focus on its core glass-making activities. Monterrey-based Vitro said on Tuesday earnings before interest, tax, depreciation and amortization, or EBITDA -- a key performance gauge for Mexican companies -- slipped 10 percent to $87 million in the fourth quarter. Excluding fiberglass unit Vitro Fibras ...

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