BUSINESSTHE RIO TIMES
Sales Boom, Profits Stall as Margin Squeeze Hits Latin America
Santander Mexico achieved a record loan book of MXN 1 trillion in H1 2026 but reported a 3% year-on-year net income decline in Q2. Coca-Cola Andina experienced an 11.1% sales increase despite broader profit stagnation in Latin America due to margin pressures.
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