• Is Cell C sustainable?

    Is the mobile operator another African Bank in the making, asks Gugu Lourie.

  • Alliances that work

    Mutually adding value secures the employer-employee relationship, says Ian Mann.

  • Without prejudice

    We all need to fight the ugly bigotry that’s made news recently, says Mandi Smallhorne.

Loading...
See More

Verimark tumbles on half-year loss

Nov 12 2012 10:30

Related Articles

Verimark earnings down 18%

Executive overhaul aids Verimark profit

Verimark beats retail sector

 
Johannesburg - Shares of Direct response retailer Verimark Holdings [JSE:VMK] tumbled 5.6% to 85 cents after the seller of "As seen on TV" goods says it fell to a pre-tax loss of R4.4m in the six months to end-August, hit by unexpected supply challenges and operational inefficiencies.

Verimark, whose products include the "Shogun" knife sharpener and the "Genie Bra", says the unexpected delay in the completion of its new head office and warehouse will continue to have a negative impact.

But wait, there's more: Verimark also says it will not pay an interim dividend.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

verimark  |  earnings reports

NEXT ON FIN24X

 

Latest Articles

Invest for Income Read More...
15 Investment Tips for 2015 Read More...
Tax-free saving accounts are coming Read More...
Which generator is right for you? Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...