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Sappi gains on cost-cutting
2015-11-12 10:20:04| Paper - Topix.net
Sappi, the world's biggest producer of dissolving wood pulp, said full-year profit rose 24 percent after the company reduced financing costs and prices for the cotton substitute rose. Net income was $167 million in the 12 months through September, compared with $135 million a year earlier, the Johannesburg-based company said in a statement on Thursday published in the Business Day newspaper.
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Category:Materials
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