Another stunning quarter for Walmex

10 April 2006 Mexico City (MEX): Walmex, Wal-Mart’s Mexico division, has reported a Q1 net profit rise of 27 per cent to 2.43 billion pesos ($223 million), beating expectations as it continued to expand and boost sales.

Sales increased 13 per cent to 42.16 billion pesos year-on-year.