CANBERRA – GM Holden Ltd. reports its fiscal 2004 net profit fell 24% to A$216 million ($164.7 million), despite a 10% rise in sales revenue to A$6.7 billion ($5.1 million). "The result is a reflection of the competitive environment and currency pressures," a GM Holden spokesman says. Profit would have been A$336 million ($256 million), he says, if it were not for transfers within parent company General Motors Corp. GM Holden's dividend payment to GM fell to A$75 million ($57.2 ...
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