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BP says first quarter net profit slides 18 percent to $5.915 bn
Reuters Published in Ahram Online on 01 - 05 - 2012

British energy giant British Petroleum said Tuesday that net profits slid 18 percent in the first quarter due to a large accounting provision, despite higher oil prices.
Earnings after tax fell to $5.915 billion (4.463 billion euros) in the three months to March, compared with $7.254 billion in the first quarter of 2011, BP said in a statement.

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