Industrias Bachoco: 2Q Earnings Snapshot
CELAYA, Mexico (AP) _ Industrias Bachoco SAB de CV (IBA) on Monday reported a second-quarter loss of $1.5 million, after reporting a profit in the same period a year earlier.
The Celaya, Mexico-based company said it had a loss of 3 cents per share.
The poultry producer posted revenue of $715.7 million in the period.
Industrias Bachoco shares have fallen 28% since the beginning of the year. In the final minutes of trading on Monday, shares hit $37.21, a drop of 30% in the last 12 months.