UPDATE - Mexico s Homex posts 2.6 pct drop in 1st-qtr net (at Reuters)

UPDATE - Mexico s Homex posts 2.6 pct drop in 1st-qtr net (at Reuters)

April 26, 2010, 8:06 pm

* Net profit declines 2.6 pct * Company reaffirms 2010 guidance MEXICO CITY, April 26 - Mexican homebuilder Homex said on Monday its first-quarter net profit was 188 million pesos , down 2.6 percent from the year-ago period following a change in accounting rules.