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SCHIPHOL GROUP POST RESULTS FOR FIRST SIX MONTHS OF 2002
DURING the first six months of 2002 Schiphol Group posted, pre-tax, results reflecting the same level as last year. Operating profit was up by 5.3 per cent, rising from US$100 million to $105.8 million. Net profit however dropped from $86.2 million to $55.8 million as a result of the corporate income tax liability first incurred in 2002. A sum of $30.4 million was reserved for this purpose.
The company's Board now anticipates modest growth in the number of passengers and cargo volume for the full year 2002. A decline in passenger and cargo transport had previously been anticipated for 2002.
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