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Hi! I have a question.

"Company A had a weak 1Q for its refining division"

Which of the following is the correct meaning of the above sentence?

1: Company A had weak 1Q results because of poor performance in refining division.

(The entire company results were weak)

2: Company A had poor results in its refining division.

(Refining performance was poor, but the overall company results could have been good.)