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Arauco's earnings hit by lower pulp prices

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Published in issue 11/1997
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In the last financial year earnings of Celulosa Arauco, the Chilean producer of softwood pulp, suffered from the general decline in sales prices. Net profits decreased around 70% from 137bn pesos in 1995 to 41bn pesos in 1996, on sales of of 179bn pesos (1995: 274bn). Profits were lower than expected, reflecting the ...

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