Basicnet Swings Into A Loss For The Quarter

2006-11-29T00:00:00

BasicNet booked a net loss in the third quarter, as the company was bogged down by higher production and general costs. Net revenues were virtually flat at €20.66 million compared with €20.53 million for the same period a year ago, while production costs rose to €13.99 million from €12.04 million. ...

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