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Istrabenz Reports 2003 Profit of EUR 10m

Ljubljana, 16 February - The Istrabenz holding company reported a net profit of SIT 2.42bn (EUR 10.2m) in 2003, which is slightly above estimates. The revenues meanwhile amounted to SIT 6.7bn (28.2m), a drop of 19 percent over 2002, and the operating losses came to SIT 1.13bn (EUR 4.75m), according to the group's preliminary results published on Monday.

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© STA, 2004