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EARNINGS

October 28, 1987

Chevron's income rose 18% to $208 million in the third quarter, compared to the year-ago period. Revenue was up 30.5% to $7.7 billion, the San Francisco company said, mainly due to increases in prices for crude oil and petroleum products. This year's quarter also included a $36-million gain from the sale of assets and a $15-million gain from windfall profit tax refunds. The company also credited profit from its chemical operations, which jumped 408% to $66 million.

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