SurfStitch reports a big loss for the year

2016-09-09T00:00:00

SurfStitch is under pressure after reporting a loss of 154.7 million Australian dollars (€104.5m-$117.8m) for its continuing operations for the year ended June 30, up sharply from the previous year's loss of A$17.6 million, despite registering an increase of 18.2 percent in revenues to A$235.6 million which was mainly due ...

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