BATA SHOE
February 1st, 2002
BY SWINEETHA DIAS WICKRAMANAYAKA, in ColumboSRI Lanka's Bata Shoe Company of Ceylon Ltd is continuing to lose money according to a report on the first nine months of the current financial year. To September 30, 2001, the company suffered a 10 per cent drop in turnover to SL Rupees 734.5 million and also a substantial increase in its operating losses, which grew to SL Rupees 62.8 million from SL Rupees 34.4 million a year earlier. Profit of SL Rupees 2.8 million was realized on the sale of fixed assets reduced the loss to SL Rupees 60 million for the period under ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.