Thakral gross profit down 7% to $24m in FY14
Due to lower sales.
Mainboard-listed Thakral Corporation reported that its gross profit eases 7% to $24m in FY14, on back of slower sales in its Lifestyle Division and the absence of contribution from its Wujiang Dafa property unit.
Its revenue grwe 21% on-year to $499.9m, while the group booked a net profit of $843,000.