Stretch fabric maker Dogi International Fabrics has posted a loss of EUR7.36 million for full-year 2003, more than double that of the previous year.

The Spanish company, which reported a loss of EUR3.02m for full-year 2002, attributed the downturn to weaker demand from its German and Asian buyers.

Turnover also fell to EUR150.7m for the year, down from EUR188.9m in the previous 12-month period.