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"Compared to the net result, this is mainly due to the accounting effect of the exchange rate appreciation compared to the end of the previous quarter"said the company in a statement.
In the second quarter of 2018, the company, whose main commitment for the future is the unconventional training of Vaca Muerta, had announced a net profit of $ 1,508 million.
The results were approved by the board of directors of the company and presented Thursday at the Buenos Aires and New York stock exchanges.
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