on May 3, 2021
Bachoco’s net sales jump 23% in first quarter
Net income slides 4.4% for period ending March 31
Industrias Bachoco reported a 23% increase in net sales for the first quarter of fiscal year 2021, yet experienced a 4.4% drop in net income for the period.
The net income for the period was MXN2.07 billion (US$102.7 million), compared to MXN2.17 billion from the first quarter of fiscal year…