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UGB announces net profit of US$ 1.5 million for 2011

UGB's net profit of US$ 1.5 million for 2011 (for the12 months ended 31 December, 2011) was a fall of 96% over the US$ 38.7 million in 2010, with a similar decrease in basic earnings per share to 0.18 cents from 4.71 cents in 2010. UGB explained that the decrease…

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