Revenue for the group, which owns one of the country's largest banks and pension funds, totaled 32.33 billion pesos in the first quarter, up 16.6% from a year earlier. (Reporting by Isabel Woodford and Noe Torres; Editing by David Alire Garcia)
(Corrects third paragraph to "first quarter" from "fourth
quarter")
MEXICO CITY, April 20 (Reuters) - Mexico's Grupo
Financiero Banorte reported a 21.1% increase in
its first quarter net profit from the year-ago period, the
company said in a statement on Thursday.
Net profit for the January-to-March period totaled 13.02
billion pesos.
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