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Worldwide Leather Exports loss widens in Jun`10 qtr

Worldwide Leather Exports loss widens in Jun`10 qtr

Write: Erebus [2011-05-20]

IRIS-Worldwide Leather Exports reported the loss for the quarter ended June 2010 has widened. During the quarter, the loss of the company increased to Rs 0.76 million compared with a loss of Rs 0.14 million in the same quarter previous year.

Net sales for the quarter declined 16.38% to Rs 11 million, while total income for the quarter fell 16.08% to Rs 11.27 million, when compared with the prior year period.