UPDATE 2-Mexico Carso net profit up 26 pct in first quarter

Newswire

(Adds analyst comment, details, byline) By Lorraine Orlandi MEXICO CITY, April 28 (Reuters) - Mexican conglomerate Grupo Carso's net profit rose 26 percent in the first quarter from the same period last year, beating analysts' forecasts. Carso , part of the business empire of Carlos Slim, Latin America's richest man, said on Thursday quarterly net profit reached 1.220 billion pesos ($109 million) compared with 972 million pesos in the same quarter of 2004. Sales rose 12 percent to ...

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