Monday, April 23, 2007

UPDATE 2-Mexico's Cemex Q1 net falls, but meets expectations

(Reuters) - MONTERREY, Mexico, April 23 - Mexico's Cemex, the world's third largest cement maker, posted a 21 percent fall in first-quarter profit when compared with the year ago period which included a large one-time gain.

Net profit for Cemex, which operates in more than 50 countries, was $400 million in the January-March period and in line with expectations.


Read more at Reuters.com Market News

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