Ford Motor Co. of Australia Ltd. reports 2005 net profit after taxes fell 23% to A$148.2 million ($110.5 million). The result was calculated according to the new Australian International Financial Reporting Standards introduced last year. However, the auto maker’s previously reported 2004 profit of A$185.6 million ($138.37 million) was recalculated under the new system and now stands at A$192.3 million ($143.38 million). Net sales revenue last year was A$3.9 billion ($2.9 billion) on ...
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