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Hirsch Servo Still Records Losses

Published: February 29, 2012; 22:44 · (Vindobona)

Sales revenue in EPS Processing down slightly due to drop in volume in Packaging division. The company emphasizes to take further steps to cut costs.

Hirsch Servo Still Records Losses / Picture: © Vindobona.org

On account of the volatile market conditions, the results for the first half of fiscal 2011/12 fell short of the same period the previous year. Lower revenue in the EPS Processing business segment was mainly due to a decline in sales volume in the Packaging division as a result of consumers’ reluctance to buy household appliances and electronic devices.

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This article includes a total of 316 words.

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