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Argentina's Pampa Energia annual profit falls

Tue Mar 10, 2009 4:32pm EDT

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BUENOS AIRES, March 10 (Reuters) - Pampa Energia (PAM.BA), Argentina's biggest integrated energy company, said on Tuesday its full-year 2008 net profit was 115.02 million pesos ($32 million), compared with a profit of 186.10 million pesos reported a year earlier.

The company's statement to the Buenos Aires Stock Exchange did not provide quarterly results.

Pampa Energia, which used to be called Pampa Holding, is the fourth most heavily weighted stock on Argentina's benchmark MerVal index .MERV. It controls electricity company Edenor (EDN.BA) and power transmission firm Transener (TRA.BA). ($1 = 3.54 pesos as of Dec 31) (Reporting by Lucas Bergman; Writing by Fiona Ortiz; Editing by Richard Chang)



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