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Kuoni results hit hard by Asian tsunami

This content was published on Aug 23, 2005 But despite Kuoni’s operating profit being hit by SFr20-25 million ($15.8-19.7 million) because of the tsunami, net loss was not as bad as feared by market analysts. It came in at SFr7.2 million, compared with a loss of SFr12.9 million for the same period the previous year. The figure was helped by a higher financial…