Net profit 34 mln dlrs vs 43 mln dlrs.    Turnover 1.82 billion dlrs vs 1.83 billion.
    NOTE: Company lowered to nine pct from 13.5 pct interest
rate on outstanding subordinated loan for period august 1,
1987, to July 31, 1988.
    TBG, formerly known as &lt;Thyssen-Bornemisza Group>, reports
in dlrs since December 1, 1984, the start of the 1985 financial
year.
    TBG said the decline in profits was mainly caused by losses
in container rental activities.
 Reuter
