Arcor’s profits increased fivefold in the first quarter

Arcor multiplied by five its profits in the first quarter of 2021 concerning 2020. It went from 679 million pesos ($7.23 mn) in 2020 to the recent 3,857 million pesos ($41.07 mn). The firm explained that it was due to sales abroad and the reduction of its debt.

Source: Ámbito