Ence’s net profit for HY1 2012 down 42% year-on-year

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For Spanish pulp manufacturer Ence Energía y Celulosa the first half-year 2012 was considerably weaker than the first half 2011. Ence‘s net profit for the period decreased by 42% to €16m even though pulp production in tons and pulp sales in tons increased. Weakening pulp prices are said to be one reason for the ...

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