BG profit falls 3% on Egypt output decline as CEO quits

READING, United Kingdom (Bloomberg) -- BG Group Plc, whose CEO resigned this week, said first-quarter earnings fell 3% as production in Egypt declined further. Profit excluding disposals and one-time items dropped to $1.15 bn from $1.18 bn a year earlier, the UK’s third-largest natural-gas producer said in a statement.

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