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Mexico's Banorte reports Q1 net profit of $540 million
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Mexico's Banorte reports Q1 net profit of $540 million

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Revenues for the group, which owns one of the country’s largest banks and pension funds, stood at 28.4 billion pesos in the first quarter, up 18% from a year earlier.

($1 = 19.8911 pesos at end-March)

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