Danier Leather rides high on Q3
22/04/2004
Danier Leather Inc, the Canadian luxury leather goods producer and retailer, has posted strong results for the third quarter ended March 27 2004.
The Toronto-headquartered company reported a 10.3% increase in sales to C$46.2 million and a 17% rise in net profits to C$531,000. For the first nine months of the fiscal year, however, revenues declined 1.3% to C$148.8 million while earnings fell 38.9% to C$5.4 million.