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JTI volume falls

Cigarette shipment volume at Japan Tobacco International decreased 5.4 per cent in the business quarter to 31 March. Most of the decline occurring in Russia and former Soviet republics, the company said. Higher prices helped compensate for fewer product shipments. Adjusted operating profit rose 4.8 per cent to USD 1.02 billion (EUR 738 million) on sales that increased 1.2 per cent to USD 2.8 billion. Market share was unchanged to higher, the company said. Market-share increases included JTI...

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