JAPAN: Taka-Q Posts $10.3m Pre-Tax Loss
Men's apparel store chain Taka-Q Co has reported year-end pre-tax losses of 1.25bn yen ($10.3m) following a substantial drop in sales. Despite recording a continued loss, the figure represented an improvement on last year's recorded figure of a 1.76bn yen ($14.4m) pre-tax loss. Citing increased output in overseas low-cost production facilities, the company reported a drop in the cost of sales of 2.6 points.
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