Beni Stabili Q1 profits down 30%

By A staff reporter 2007-05-11T00:00:00

Italian real estate company Beni Stabili reported on Friday that its first-quarter profit fell by 30% due to higher expenses and taxes. Net income dropped to EUR 7 mln from EUR 10 mln a year earlier. The announcement coincided with the news that Beni Stabili shareholders have approved Fonciere des ...

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