The phrase "although it has cut" is correct and usable in written English.
It can be used to introduce a contrast or exception regarding a situation where something has been reduced or severed.
Example: "Although it has cut funding for the project, the team remains optimistic about its success."
Alternatives: "even though it has reduced" or "despite having cut".
Although it has cut its forecast for March-May to +0.7%, from + 0.9%.
Citi has moved from sell to buy, although it has cut its target price from 360p to 215p to reflect a lower long term growth rate.
But Citigroup has turned positive, suggested the shareholder payout is safe, and moved from neutral to buy although it has cut its price target from 220p to 190p.
The GOP-led House has voted nearly 40 times to repeal all or part of Obama's healthcare law, for example, but hasn't succeeded in overturning the act — although it has cut its funding.
Although it has cut back its global sales outlook for 2009 by 7% to 9.7 million units, Toyota is faring better than its rivals in the U.S. Toyota is already the second-largest auto company in America.
The company said that although it had cut off some users as a result of those requests, it was not standard policy to do so.
Citigroup also has a hold rating, although today it has cut its price target from 330p to 190p.
Although since last October, it has cut 100 staff members through buyouts and layoffs.
"Although Tibet has cut its maternal mortality rate in half in recent years, in part with support from UNICEF to promote hospital deliveries," said Ms. Bellamy, "the rate is still about eight times higher than the national average.
So far, although Johnson Wax has cut back on the number of meetings it holds each year, it has not asked Ms. Kaufmann to limit the number of attendees at specific corporate meetings.
Although the government has cut its ties to the company, both Chrysler and union negotiators said they considered it vital to reach a contract that justifies the bailout.
