hit more fairways. make more putts. avoid the hazards. play by the rules.
August 2004
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Archive for August, 2004

Hutchison Covers UMTS Losses With Exceptional Income

Hutchison Whampoa continues to cover mounting losses from its 3G cellular businesses by selling other assets. The company reported a net profit for the first half of the year of HK$12.5B on revenues of $81B. But Hutch also booked $15.1B in exceptional income, including the sale of a joint venture with Proctor & Gamble which […]