Correction

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An article in the March 26 issue, “Profits Drop at AP, United Global,” initially mistakenly listed United Global’s net profit attributable to shareholders as gross profit and loss. The company posted a gross loss of U.S. $264,000 for 2020 after a gross profit of $19.7 million in 2019. The article also failed to mention that United Global has four pillars other than its lubricants operations: logistics and shipping; oil absorbent materials; trading of fuels and related products; and recycling and sustainability.

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