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CHS Q2 Profit Plunges

Producer-owned cooperative CHS Inc. (CHSCP: Quote) reported second-quarter net income attributable to the company of $78.5 million, down from last year's $194.6 million in the corresponding period.

Earnings for the quarter reflected reduced margins within a number of CHS business segments.

Revenues for the quarter increased to $8.8 billion from $7.7 billion in the year-ago quarter.

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by RTT Staff Writer

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