News

Tanbridge reports losses for fourth quarter and full year

01/03/2002

The Tanbridge Corporation has announced a fall in sales for the fourth quarter and full year for 2001. Fourth quarter sales were down over $5 million to $16.7 million compared with $21.7 million for the same period in 2000. The drop in revenues meant that the company made a loss for the quarter of $1.96 million compared with a small profit of $40,630 in 2000.

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