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Article: AUSTRALIAN CO FUNTASTIC PUSHED INTO 1ST H1 LOSS ON ABC COLLAPSE.
- Article from:
- AsiaPulse News
- Article date:
- August 31, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MELBOURNE, Aug 31 Asia Pulse - The financial collapse of a key customer ABC Learnings Centres Ltd pushed Funtastic Ltd (ASX:FUN) into a first half loss, with the full year result expected to be materially lower than the previous year, the company says.
On Monday the consumer merchandise company said it posted a net loss of A$25.34 million (US$21.34 million) for the six months to June 30, compared with a profit of A$5.77 ...