03/02/2014 10:01
The final results of Royal Highate for 2013 are expected to show improvement.
According to the announcement, this improvement is mostly attributable to the fact that the percentage of gross profit is increased compared to that of 2012 as well as that the selling and distribution expenses and the operating costs were lower than those of 2012.
The Company announced losses of €1.6 million in 2012 against profits of €480.3 thousand in 2011.
In the first half of 2013, ROY announced profits of €168.2 thousand.
According to the announcement, this improvement is mostly attributable to the fact that the percentage of gross profit is increased compared to that of 2012 as well as that the selling and distribution expenses and the operating costs were lower than those of 2012.
The Company announced losses of €1.6 million in 2012 against profits of €480.3 thousand in 2011.
In the first half of 2013, ROY announced profits of €168.2 thousand.
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