Author`s name Pravda.Ru

Suncor Profits Fall 28% On Oil Price Lows - Comments

The Canadian oil group Suncor Energy, which is the world's second biggest miner of oil sands, said that first quarter net income fell twenty eight percent because of the decline in the price of oil. Net income fell to C$90 million ($57.6 million), or 37 Canadian cents a share after payment of preferred dividends, from C$125 million, or 48 cents, a year earlier.

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