CAPITAL MARKETS

Kagara narrowly misses profit return

KAGARA has narrowly failed to return to profit in the second half 2009, albeit by the thinnest of margins, with the company posting a $A100,000 after-tax loss.

Nick Evans
Kagara narrowly misses profit return

But even that is a significant turnaround, with the company having posted a $34.4 million net loss in the December 2008 half. Revenue for the period was up more than 50% to $116.6 million, on the back...

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