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Cuervo parent Becle posts nearly 12% drop in Q4 net profit

MEXICO CITY, Feb 16 (Reuters) - Mexican distiller Becle, the parent company of the popular Jose Cuervo tequila brand, on Thursday posted a 1.39 billion peso net profit in the four quarter of 2022, down 11.8% from the year-ago period.

Becle's revenues hit 13.80 billion pesos, up from the 13.13 billion from the year before. (Reporting by Valentine Hilaire, Carolina Pulice and Marion Giraldo; Editing by Isabel Woodford)