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Petrobras posts 22% increase in quarterly profit, announces $3 billion in dividends

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Brazilian state-run oil firm Petrobras PETR4.SA on Thursday reportedan increase of around 22% in its third-quarter net profit, and announced $3 billion in dividends. The company posted a net profit of 32.6 billion reais ($5.7 billion) for the quarter ended in September. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) landed at 63.7 billion ...

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