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Article Date: August 2022
Word Count: 138

Pegasus Int’l Improves in H1


The footwear maker’s profit grew sevenfold in the first half to $489,000 from $68,000 last year, as sales increased 61% to $5,261,000 from $3,479,000, with much of the top line now coming from leasing unused factory space. Footwear products accounted for $2,847,000, and generated just $246,000 of operating income, while rental revenue was $2,414,000 and contributed $2,229,000 to the bottom ... Log in to view full article.

 


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