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Cemex Venezuela's profit rose by 177 pct

Cemex Venezuela, a unit of Mexican cement giant Cemex said net profit for the first nine months of 2005 rose by 177 percent from the same period last year.

The net profit of 227 billion bolivares ($105 million), was partly boosted by the sale of a 11.9 percent stake in the Chilean firm Cementos Bio Bio.



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