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Pannonplast makes Ft 12 mln loss in Q3

Hungarian plastics maker Pannonplast Rt. posted a third-quarter loss compared with profit in the year-ago period after a one-time deferred tax in 2004 was not repeated. Third-quarter net loss was 12 million Ft ($57,000), compared with a net profit of 2 million Ft in the year-earlier period, the company said in a stock exchange statement today. Revenue fell 22% to 5.34 billion Ft from a year ago.