November 1, 2012 / 1:12 PM / in 5 years

Imperial Oil profit rises on higher refining margins

Nov 1 (Reuters) - Imperial Oil Ltd, Canada’s second-largest integrated oil company, reported a 21 percent rise in third-quarter profit due to higher refining margins.

Net income rose to C$1.04 billion ($1.04 billion), or C$1.22 per share, from C$859 million, or C$1.01 per share, a year earlier.

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