USA: Yarn Producer Unifi Narrows Q3 Loss
Leading producer of textured yarns, Unifi Inc, on Wednesday posted a fall in third quarter sales but a much narrower net loss of $3.6 million for the period, compared to last year. The Greensboro-based firm said net sales fell to $213.5m from $255.2m last year, but March sales volumes were up 11 per cent compared with January.