GREECE: Lingerie Firm Enjoys Red Hot Results
Leading Greek lingerie manufacturer Sex Form on Monday posted a huge 224.5 per cent leap in first quarter net profit to $512,000 compared to the year-ago period. The company added its first quarter turnover climbed 32 per cent to $8.6 million, while the Sex Form group, which includes World Fashion, Petit Elephant, Prestige and Exclusive Fashion, enjoyed a 148.4 per cent jump in pre-tax profits to $840,000. Its turnover rose 37.2 per cent to $12.2m.