You are here

Design Studio's Q1 earnings make a near triple jump to $2.1m

Higher profit comes in spite of a decline in revenue

DESIGN Studio's first-quarter net profit almost trebled despite a fall in revenue.

Net profit for the three months ended March 31, 2014, was $2.1 million, up from $716,000 a year ago, owing to higher margins and lower marketing and distribution expenses, the furniture manufacturer said...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to