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Analysts said at the time that the price was excessive, but The Globe was highly profitable for several years.
"The onset of symbiosis with algae was highly profitable for corals," said lead author Jarosław Stolarski, a professor of biogeology at the Institute of Paleobiology at the Polish Academy of Sciences.
The company bought the paper in 1993 from the Taylor family for $1.1 billion, and it was highly profitable for several years, but it has become the biggest drain on the company's finances.
Last year was highly profitable for most of the country's big publicly traded insurers.
Twenty years ago, it was highly profitable for businesses to decide, based on bottom line numbers and wages, to locate in "cheap" markets.
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Some energy experts believe that the plants are highly profitable for Entergy.
The joint venture between BP and the Russian oligarchs has been highly profitable for both sides.
On the whole, the manufacture and promotion of cigarettes are likely to be highly profitable for some time.
The Rics report added that all the indications were that the conversions were "highly profitable" for developers.
Mr. Hanson noted that the fees and surcharges were highly profitable for hotels, as they were for airlines.
If the films had broken even we would have been highly profitable for the peri od," he added.
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