Profits of non-financial companies dip to three-year low

Net profits of non-financial companies in the Netherlands amounted to 19 billion euro in the second quarter of 2008. This is the lowest level for three years. Profits were 11.1 percent lower than in the second quarter of 2007. The drop in net profits is the result of two main factors: higher interest costs – the companies paid more net interest – and lower profits of foreign subsidiaries.

Net profits of non-financial companies