Tokyo-based Vlc sees revenue fall 23%
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Annual sales down to ¥1.08bn, net loss doubles on 2008
JAPAN-- Marketing research and consulting firm Vlc Group has reported a 23% drop in annual revenue to ¥1.08bn ($11.3m).
Operating loss for the year ended 31 March 2009 was ¥208m ($2.2m) down from a loss of ¥85m ($0.8m) last year.
Net losses more than doubled from ¥201m ($2.1m) in 2008 to ¥451m ($4.7m) in 2009.
Author: Brian Tarran
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