Precious Woods’ results impaired by one-off effects

The Swiss forest and timber group Precious Woods Holding AG of Zug has recorded regressive results for the first half-year 2008. The operating result fell by around 13 % to $4.7m (Jan.-June 2007: $5.4m). Pre-tax profit even fell by 35 % to $3.5m ($5.4m) and net profit was also well below the 2007 figure at $3.7m ...

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