91. Director Keith Yip Kwai-cheung said interest expenses in the current fiscal year are expected to climb because of the currency turmoil. 92. Exceptfor the direct cost on interest expense, the other main determinant in theprofitability of a bank are overhead costs. 93. Higher interest expenses also contributed to the loss. 94. Higher interest expenses and a reduced pension credit also impacted earnings. 95. Higher interest expenses and a reduced pension credit also affected earnings. 96. In view of the rises in interest rates in Hong Kong, the group has decided to retire some of its bank borrowings before maturity to lower interest expense. 97. It said the increased interest expenses were expected to be offset by higher infrastructure earnings. 98. It would save on interest expenses, bank fees and premiums for games cancellation insurance. 99. Ltd., and increased interest expense. 100. Meantime, Maytag said it benefited from reduced interest expenses in the first quarter after reducing its debt load over the past year. |