P&O PRINCESS Cruises has revealed a pre-tax profit for
the first quarter of the year was $27.1 million, a 43% increase on the same
period last year.
Costs were reduced by 11% while operating profit went up
29.9% to 42.2 million.
Chief executive Peter Ratcliffe said: “Given the disruption
to our bookings from the events of September 11, this is an excellent result.”