BUSINESS BRIEFS

Corporate profits down 17.4 per cent

NON-FINANCIAL and financial companies saw their collective profit fall by 17.4 per cent in the first quarter of 2002 from the same period last year to Sk36 billion. Analysts said the result was due to an exceedingly high base of comparison in 1Q01, when profits soared 48.9 per cent year-on-year.

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