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Article Date: August 2018
Word Count: 120

Pegasus Sales Plunge in H1 on Loss of Key Customer


Comprehensive net loss was $1,824,000 for the first six month of 2018 against a profit of $1,941,000, as revenues slipped by a third to $29,773,000 from $44,245,000. A plunge in North American sales to $12.9 million from $29.3 million after the loss of its largest customer here, which accounted for the topline decline, and Pegasus noted that the trade war ... Log in to view full article.

 


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