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Argentina's YPF swings to net loss in Q1

ReutersMay 7, 2025 10:03 PM

- Argentine state oil company YPF sank into the red in the first quarter, it reported on Wednesday, swinging to a net profit loss of $10 million.

That compares to a net profit of $657 million in the first quarter of 2024.

Revenues, meanwhile, inched up 7% from a year ago to reach $4.61 billion.

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