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Plum Creek registered downturn in profits

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Published in issue 22/2006
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Plum Creek Timber Company Inc.of in Seattle, Washington, booked higher revenues of US$414m (Jan.-March 2005: 400m) in the first quarter of 2006. By contrast, operating profits and net profits decreased to US$127m (134m) and US$94m (122m) respectively. This downturn was mainly due to a fall in earnings from the ...

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