Nokia narrowed its net loss to 227 million euros
(298 million dollars) in the second quarter, as lower tax and product
development expenses outweighed a sharp drop in sales, the Finnish
mobile phone maker said Thursday.
The company had made a loss of 1.41 billion euros in the same period last year.
Revenue fell 24 per cent to 5.7 billion euros.
Nokia's operating loss shrank to 115 million euros, from 824 million euros a year earlier.
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