News

Unifi profit dips in second quarter

27/01/2017

Yarn manufacturer Unifi reported sales of $155.2 million in the second quarter of the 2016/17 fiscal year, a 0.7% increase on the same period of last year. Profit for the quarter, which ended on December 25, was $4.6 million, a drop of 29% year-on-year.  In the first six months of the year, revenue stood at $315.1 million, on which Unifi made...

To continue reading this story, please sign in or register.