ICA posts bigger second quarter loss

Reuters – Mexican construction firm ICA reported a much wider loss in the second quarter compared with the year-earlier period, as revenue was nearly halved and financial costs rose. The company, which has not posted a profit since 2013 and has defaulted on multimillion-dollar debt payments, lost 3.36 billion pesos ($184 million) in the April-June period.

http://www.reuters.com/article/ica-results-idUSL8N1B64UC

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