⁍ Mexican national oil company Petroleos Mexicanos reported a third quarter net profit of 1.417 billion pesos ($64.1 million)
In the third quarter last year, Pemex posted a loss of 87.36 billion pesos.
– Mexico’s state-owned oil company, Pemex, swung to a third-quarter net profit of $64.1 million from a year-ago loss of $87.36 billion, thanks in part to currency gains and the performance of financial instruments, the company said in a filing to the Mexican stock exchange. Revenue fell by a third to 239 billion pesos.
Source: https://www.reuters.com/article/pemex-results/update-2-mexicos-pemex-swings-to-64-mln-profit-in-third-quarter-idUSL1N2HJ1ZM