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ERF loss

17th December 1992, Page 14
17th December 1992
Page 14
Page 14, 17th December 1992 — ERF loss
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Which of the following most accurately describes the problem?

• ERF has turned in a half-year pre-tax loss of £2.7m — compared with a profit of £330,000 for the same period in 1991 — after exceptional costs of almost Lim.