turned unprofitable in the second quarter, posting a
loss of 125.4 million pesos ($9.4 million), as a weaker peso
increased its cost of paying off dollar-denominated debt.
Saturday, July 28, 2012
UPDATE 1-Mexican homebuilder Urbi posts second-quarter loss
MEXICO CITY, July 27 (Reuters) - Mexican homebuilder Urbi
turned unprofitable in the second quarter, posting a
loss of 125.4 million pesos ($9.4 million), as a weaker peso
increased its cost of paying off dollar-denominated debt. 
turned unprofitable in the second quarter, posting a
loss of 125.4 million pesos ($9.4 million), as a weaker peso
increased its cost of paying off dollar-denominated debt.
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