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ERATAT LIFESTYLE: Higher selling prices, higher gross margins going forward
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YES, gross profit margins came down in the first half of this year.

No, this will not continue. In fact, margins will rise, assured Eratat Lifestyle’s CFO Ken Ho yesterday at a lunchtime presentation along with VP for investor relations Kellyn Tan (left) to investors at CIMB.

This spells cheery news for shareholders as it translates into net profit growth. Read more….