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Wednesday, October 21, 2020

América Móvil's earnings increased 44.6% in the third quarter

At the end of the confinement in most of the countries, there was a rebound in commercial activity that allowed an income improvement of 4.7%.

During the third quarter of this year, the América Móvil company achieved profits for a total of US$ 894 million, representing a 44.6% increase compared to the same period of the previous year. In that period, revenues totaled US$ 12.331,6 billion, a 4.7% increase compared to the same quarter of 2019. These positive results were basically produced by the lifting of confinement measures in most of the countries where it is present with its operations, which allowed a rebound in commercial activity.

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