Mexico's Mexichem reports $47.62 million 3rd-qtr profit
MEXICO CITY Oct 27 (Reuters) - Mexican chemicals and plastic pipe maker Mexichem on Monday posted a $47.62 million third-quarter profit, helped by a lower tax bill and higher revenue.
The company reported a loss of $61.65 million in the year-earlier period, when it was hurt by restructuring charges and a dip in revenue and core profit due to lower prices for its cooling gases. (Reporting by Gabriel Stargardter)
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