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Philips loss of EUR 1.53 bn in 4Q 2002.

Asia Africa Intelligence Wire

| February 11, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Het Financieele Dagblad)

In 4Q 2002 Philips, Netherlands, reported a loss of EUR 1.53 bn, compared with a loss of EUR 1.1 bn in 4Q 2001. The loss came primarily from the high cost of the fall in share value, which had a negative impact of EUR 1.34 bn. Turnover was …

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