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Profits plunge at Korea First

Profits plunge at Korea First

(South Korea) - Profits at Korea First Bank have plunged 66.8 percent for the first nine months of this year, compared with the same period in 2001. The bank said was its net result for the nine months was 90.4 billion won (US$70.33).

The most recent quarter showed an in improvement, with profits at around US$29 million against only US$12 million for the first quarter of 2002.
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