Grupo México reported a second-quarter net profit of approximately $2.20 billion.
This figure represents a 79% year-over-year increase and exceeded analyst expectations.
Total revenue for the conglomerate rose 35% to $5.71 billion.
A 30.5% surge in copper prices drove the financial performance.
Higher prices offset a 3.7% decline in total production volume.
Sales within the mining division grew by 41.3%.
Output fell slightly at operations in Peru and the United States.
The company maintained its production guidance for the full year.