Earnings before interest and tax rose from £22m to £31m.
But the company said income before interest, taxes and depreciation rose 21 percent.
In 1991, the company lost $10.7 billion, before interest and taxes.
Is Ed the sort of man who'll put principles before personal interest?
At 39.6 percent, the top rate back then, that would be $59 million, before interest.
The earnings margin before interest and taxes is 47.5 percent, he said.
Dole's 1989 operating profit, before interest and taxes, was $176 million.
The length of the grace period before interest is calculated.
That represented 37.4 percent of profits before taxes and interest.
Before interest and taxes, earnings were just over $18 million in 1992.