AUSTRALIA: Retailer Brazin Lifts Profit Bt 78 Per Cent
Brazin Ltd, which owns retail chain Bras N Things, has reported a 78 per cent increase in interim net profit to $A30.61 million ($15.78 million). The firm, which is pursuing a strategy of exiting under-performing businesses and expanding core activities, said its revenues increased by 32 per cent to $296.90 million for the six months to 31 December 2001.
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