Strong Third Quarter For Shamir, Subsidiary Is Set Up In France
In the 3rd quarter ended Sept. 30, Shamir Optical posted an increase in revenues of 9.6 percent to $19.4 million. Gross margin expanded by 22.4 percent to represent 55.7 percent of total revenues and a gross profit of $10.8 million. Operating income fell by 8.0 percent to $2.6 million and ...
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