ANA holds off fuel costs in first quarter, remains profitabl


ANA Group yesterday reported a ¥6.6 billion ($61.1 million) net profit in the fiscal first quarter ended June 30, down a steep 92.4% from the ¥87.3 billion earned in the year-ago quarter, with the drop due largely to the gain realized from the sale of its hotel assets in June 2007.

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