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Huntsman posts profit in second-quarter

Wed Jul 30, 2008 7:20am EDT

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NEW YORK, July 30 (Reuters) - Chemical maker Huntsman Corp (HUN.N), said on Wednesday it posted a second-quarter profit from a year-ago loss, when results were hurt by one-time items.

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Net income in the quarter was $23.7 million, or 10 cents a share, compared with a year-earlier loss of $70.9 million, or 30 cents a share.

Adjusted earnings from continuing operations in the quarter, were 9 cents a share, down from 36 cents a share a year-earlier. (Reporting by Euan Rocha; Editing by Derek Caney)

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