The company's profit in the first half of 1991 plunged nearly 75 percent to $4.1 million.

Profit in the first half plunged nearly 75 percent to $4.1 million.

Meanwhile, the company has reported that profits plunged $493 million in 1996.

Profits plunged by a tenth to £9.5 million in the last six months.

The reports come less than a week after Sony reported that its profits plunged 98 percent.

Its profits plunged 70 percent in the first quarter, to a bare $70 million.

But profits plunged 77.6 percent last year, to $860.1 million, or $1.86 a share, on revenue of $97.65 billion.

Most analysts expected that earnings would match the level a year ago, when profits plunged 80 percent.

Overall profits in the unit plunged to $108 million, from $261 million.

In 1986 its profits plunged from $4bn to $2.9bn - largely as a result of a $1.3bn restructuring programme.