Grendene’s profit rises by 61.4%

Grendene net revenues grew by 35.2 percent to 330.5 million reais (€131.6m-$162.9m) in the second quarter. Gross sales revenues rose to R$417.7 million (€166.3m-$205.8m) from R$309.1 million in 2011, 26.5 percent of which came from the domestic market and 76.1 percent from exports. The net profit jumped by 61.4 percent ...

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