Spanish pulp manufacturer Iberpapel reported Tuesday that its net profit remained relatively unchanged last year from a year earlier at - 18.09 million, despite a 5.19% increase in revenue to - 155.1 million. The group stressed that it has managed to maintain earnings despite the poor international economic situation and falling paper costs. It attributed the unchanged profit to the opening of its Hernani plant in the Basque Country in which it invested - 54 million. El Pais