(Reuters) – Mexico’s state oil monopoly Pemex PEMX.UL reported a third-quarter profit of 23.9 billion pesos ($1.86 billion) on higher revenue, the company said in a report filed with the Mexican stock exchange on Monday.

Pemex reported third-quarter revenues of 408.9 billion pesos ($31.8 billion) in the July to September period, up 4.3 percent compared with the third-quarter of 2011.

Pemex posted a net loss of 81 billion pesos for the year-earlier period on revenue totaling 392 billion pesos.

via Mexico’s Pemex posts third-quarter profit of 23.9 billion pesos | Reuters.