April 25, 2013 / 12:17 PM / 4 years ago

Imperial Oil profit falls on lower prices

1 Min Read

April 25 (Reuters) - Imperial Oil Ltd, Canada's No. 2 oil producer and refiner, reported a 21 percent fall in first-quarter profit due to lower prices and increased refinery maintenance.

Net income fell to C$798 million ($777 million), or 94 Canadian cents per share, from C$1.02 billion, or C$1.19 per share, a year earlier.

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