Mexico's Grupo Collado reverses loss in Q1 2016

Mexican service centre Grupo Collado recorded net profit of 244,000 Mexican pesos ($14,197) in the first quarter of 2016, the company said in a note to the country’s stock exchange, BMV, late last week.

This compared with a net loss of 11.96 million Mexican pesos ($696,000) in the corresponding period of 2015. Grupo Collado’s net sales totalled 1.41 billion Mexican...