Travel Daily | JTG profit hit by merger

JETSET Travelworld yesterday reported a 45% drop in net profit after tax (TD breaking news), with the $8.7m result impacted by $4.5m in costs related to its proposed merger with Stella, as well as a $5.5m “amortisation of intangible assets”.

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The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 11 Aug 10
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