Arca Continental Q4 Net Profit Down 29%

Mexican firm Arca Continental EMBVF reported a 29% drop in its fourth-quarter net profit. Arca's quarterly earnings fell to 1.048 billion pesos ($81.4 million), from 1.471 billion, in the year-ago quarter. Its revenue climbed 9.5% to around 14.5 billion pesos, versus 13.2 billion pesos.