Net Loss Shrinks At Swank, Margin Too

Swank's turnover declined by 3.5 percent to HK$98.7 million (€10.3m-$12.7m) for the six months ended June 30, but the net loss narrowed to HK$1.8 million (€188,000-$231,000) as against HK$9.8 million in the year-ago period. A small decrease in orders resulted in low capacity utilization, causing a lower gross margin of ...

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