Nov 6 (Reuters) - Chilean industrial conglomerate

Empresas Copec on Thursday reported a 51% drop in

third-quarter profit, hit by weaker results in its forestry

division due to lower pulp prices and the sale of assets in

Brazil.

Net profit landed at $198 million, down from the $404

million posted in the same quarter last year.

Revenue for Copec, which owns a large forestry business as

well as fuel distribution, mining and fishing operations, hit

$7.35 billion, largely steady from the year-ago quarter and

above the $7.04 billion forecast of analysts polled by LSEG.