Kodak Lost $206 Million in Q4 2001
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Kodak
lost a total of $206 million in the last quarter of 2001. This is a net
loss of 71 cents per share for that period. Sales dropped 6% dragged down
by a 10% drop in film sales. "Our strategy during this difficult
economic year has been to strengthen our balance sheet so that the company
will be in a better financial position once the recovery begins,'' said
chief executive Dan Carp.
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