Quarto reported unaudited results for the year ending December 31, 2019, with sales of $135.8 million, down 9 percent from $149.3 million in 2018, but they returned to a modest after-tax profit of $2.9 million, compared to a loss of $600,000 in 2019. (Full results have not yet been filed with UK regulators, and no other measures — like pre-tax earnings — were provided.) Lead shareholder and ceo C.K. Lau said, “We expect to report profit for the year ahead of the prior year and this represents a pleasing result.” Revenue was just above flat six months ago, so all […]
