Grupo TMM has reduced its loss in the first quarter of the year as it improved its operational figures.
The Mexican tanker and offshore support vessel (OSV) owner saw red ink of MXN 78m ($4.5m) for the period, against MXN 112.4m a year earlier.
While facing pressure from cuts in the budget of Mexico’s petroleum company Pemex, Grupo TMM has tried to diversify its business and boosted its EBITDA to MXN 293.1m,
