Friday, September 03, 2010 10:23:11 PM
Year over year, Newron Sport has seen revenues shrink from $8.0K to $4.3K, though the company was able to grow net income from a loss of $1.7K to a smaller loss of $550.0. A reduction in the percentage of sales devoted to selling, general and administrative costs from 121.31% to 87.92% was a key component in the bottom line growth in the face of falling revenues."
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