BASF profit jumps five-fold to 1.25 billion euros

28th October 2010, Comments 0 comments

The German chemical group BASF said Thursday that its third quarter net profit jumped five-fold from the same period a year earlier to 1.25 billion euros (1.73 billion dollars).

The results confirmed a preliminary release last week, when BASF said sales had jumped by 23 percent to 15.8 billion euros amid a pick-up in global economic activity.

© 2010 AFP

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