Aug 4, 2010

Thakral books 2Q net profit of $29.8m from sale of India investment

Written by The Edge

Wednesday, 04 August 2010 17:27

Mainboard-listed Thakral Corporation, the distributor of consumer electronics brands like Apple, Canon and Casio, says it achieved a record net profit of $31.8 million for the first half of FY2010.

The increase was boosted by a $28.7 million gain from the sale of its investment in Gateway Distriparks Limited (GDL) in India in 2QFY10.

Dividend : None