Garment company My Vintage Baby has reported a net loss of US$278,439 for the first-half of 2008, compared with an interim loss of $388,172 last year, after improving both sales and margin growth in the period.

The company's gross sales increased 43% from $535,829 to $766,247 from the six months ended 30 June. Related margins increased 16% from $382,033 to $444,850 for the same periods, representing a gross margin percent increase from clothing and accessories of 32% to 45% year over year.

Operating and overhead expenses increased from $515,182 to $542,948.

"We are very pleased with our second quarter results, which mark another quarter of strong gross profit growth and demonstrate a measurable improvement in profitability," said CFO Jeff Welsh.