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The Nexus
BUSINESSJul 17 · 09:21 UTCTHE RIO TIMESJuan Martinez

Rice Giant Camil Sinks 18% After Its Profit Falls by More Than Half

Camil, a major rice company, reported a 57.6% drop in profit to R$28 million and an 18% decline in share price due to cheap grain prices. The results marked the opening of Brazil's financial season.

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