Strong fourth-quarter caps Amazon’s first full-year profit


  • Business
  • Thursday, 29 Jan 2004

SEATTLE: Amazon.com rode discounts and free shipping to strong fourth-quarter results, capping a year in which the Internet retailer posted its first annual profit. 

Net income for the quarter ended Dec 31 was US$73.2mil, far better than the US$2.7mil it earned in the equivalent period of 2002. 

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