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Brakes on at Pacifica
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| STEEL price rises and a strong Australian dollar drove down first-half profit at automotive parts maker Pacifica. |
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| Updated |
Aug 6, 2004 01:07:03 |
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16 ( -2 -12.5% ) | | Author | Melbourne Herald Sun |
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| Similar news: | - Strike at supplier puts brakes on GM production - Workers at TDS Automotive overwhelmingly rejected a tentative contract last night, prolonging a strike that has paralyzed two General Motors assembly plants in Oshawa.
- Pacifica plunges 12pc - Shares in automotive technology company Pacifica Group Ltd have plunged more than 12 per cent after the company booked a half year net profit of $20.57 million - down 28 per cent - and said 2005 would deliver "flat" earnings.
- Profit slip hits Pacifica shares - SHARES in car parts maker Pacifica Group Ltd fell almost 7 per cent today as the company reported a half year net profit of $20.57 million down 28 per cent.
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