Basicnet Boosts Aggregate Sales But Net Profit Slips

2007-09-25T00:00:00

The aggregate sales of BasicNet’s network of licensees jumped by 16.29 percent to €130.6 million in the first half but net profits slipped to €4,168,000 from €26,169,000 as last year’s bottom line was boosted by a €27,083,000 pre-tax gain stemming from the sale of the Kappa and Robe di Kappa ...

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