The Mexican company posted losses of MXN 112.4m ($7.3m), slightly less than the MXN 114.8m deficit posted in the first quarter of 2014.
Revenue for the three months to the end of March was MXN 713.7m, up from MXN 686.9m, thanks to a busier maritime division.
Jose Serrano, chief executive for Grupo TMM, said: “Mexican Energy Reform has provided important opportunities for a number of domestic and foreign companies to participate in the oil exploration and production industry in Mexico.
“We
