European communications company Nokia showed massive growth in both turnover and profit in its 1997 financial period.
The company increased its turnover by 34 per cent while profitability grew year on year by 98 per cent.
The figures show turnover of $9.58 billion while profit is $1.55 billion on those figures - a high gross margin.
Nokia has around 20 per cent of the global market for handheld mobile systems.
The Finnish company said that rapidly burgeoning sales in Asia, particularly in China, will enable it to keep on target in its next financial period.
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