Paper business boosted Nippon Paper's profits

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Japan's paper group Nippon Paper Industries Co. Ltd. more than doubled its pre-tax profits in the financial year ended March 31, 1996 to Ø44.02bn. Sales for the holding company increased 8.5% to Ø701.96bn. Nippon's paper division posted sales of Ø532.9bn, up 12% from sales in the previous period. The pulp ...

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