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    Adsteam warns of dip in profits

    News // July 27, 2001
    Harbour towage operator Adsteam says it expects to post a full year profit figure that is slightly lower than last year's A$17 million ($8.8 million) result.

    The company says its operations had been affected by weaker operational performance in Australia in May and June, and the financial costs of acquiring Howard Smith Towage earlier this year.

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