Grand Toys Reports 2006 Financial Results.

PR Newswire | October 16, 2007 | Copyright

HONG KONG, Oct. 16 /PRNewswire-FirstCall/ -- Grand Toys International Limited * today announced its financial results for the year ended December 31, 2006.

Net sales for the year ended December 31, 2006 were $128.8 million, compared to $117.0 million for the year ended December 31, 2005. The gross profit percentage decreased to 21% for the year ended December 31, 2006, compared to 24% for the year ended December 31, 2005. EBITDA from continuing operations decreased from $6.4 million for 2005 to a loss of $1.5 million for the year ended December 31, 2006. The loss ...

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