22 March 2006 -

Report Summary

Higher than our estimate of US$16.6 mn, Usaº posted a netprofit of US$ 20.5 mn in 2005, according to the company financials.The difference stems mainly from lower than expected operating expenses. The company’s 2004 net profit was US$ 14.4 mn which is 42% lower than 2005 figures.

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