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Maxxam Inc.: The forest products, aluminum and...

From Times Staff and Wire Reports

Maxxam Inc.: The forest products, aluminum and real estate firm reported that its net income for the first quarter of 1990 was $33.8 million, nearly quadruple its profit in the same period of last year. Revenue was $572.3 million, about the same as first-quarter 1989. The Los Angeles-based firm attributed strength in aluminum and forest products prices for the performance.

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