Shares in Mexican tequila maker Becle rise following net profit surge
MEXICO CITY, April 30 (Reuters) - Becle (CUERVO.MX), opens new tab, the world's largest tequila producer, saw it shares jump 5% on Wednesday after the company reported a first-quarter profit increase of 15% from a year earlier.
The firm, which makes the bulk of its income from tequila but also produces a range of spirits including mezcal, whiskey, and gin, attributed the net profit boost to lower input costs and exchange-rate tailwinds given the Mexican peso's depreciation, in a report published Tuesday afternoon.
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