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Hirsch Servo Still Records Losses
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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