GMG Global returns to profitability
Mar 21, 2001
The Business Times
GMG Global has swung into a net profit of $718,000 for the six months ended Dec 31 from a net loss of $657,000 in the previous period. The group said the improvement was due mainly to improved selling prices and a significant increase in foreign exchange gains. Turnover was $30.1 million, an increase of 14 per cent.
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