Globe Net Falls on Lower Sales
Net income was A$2,495,000 ($1.9 mm) compared to A$2,904,000 on sales that dipped 11% to A$70,478,000 ($54.1 mm) against A$78,834,000 for the first half ended Dec. 31. The decline in sales was mainly due to the North American and European markets, whose sales fell 26% ... Log in to view full article.