Sale Of Northwest Stock Boosts KLM's Net Income To $162.6 Million
Selling stock back to Northwest lifted KLM's net profit to 271 million Dutch guilders (US$162.6 million) for the first quarter of fiscal 1997, more than double the previous year's 135 million guilder (US$81 million) total. Earnings per share grew from 1.48 guilders (US$0.89) to 2.94 (US$1.76)...
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