21.   But he did not speculate on how much the profit would drop by.

22.   Profits have dropped as sales declined and advertising costs increased.

23.   Yeung at Hong Kong Telecom said she does not expect profits to drop drastically even if the company continues to lose market share.

24.   In the mail division, revenue fell slightly and profits dropped in line with expectations.

25.   On the other hand, non-manufacturers saw pre-tax profits drop three percent, dragged down mainly by airlines due to higher jet fuel prices.