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Mitsubishi and Sumitomo Post First-Quarter Losses; Shin-Etsu Records Big Fall in Profits

2:43 AM MDT | August 3, 2009 | Deepti Ramesh

Mitsubishi Chemical reported a net loss of about ¥17 billion ($179 million) for the first quarter ended June 30, 2009, compared with a net profit of ¥13.1 billion in the corresponding period of the previous fiscal year, on sales down 28%, to ¥550...

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