Kernel’s Sales Up 97.8% yoy in Oct-Dec 2007
18 February 2008
In the second quarter (October-December) of 2007-2008 marketing year, Kernel Group’s (KER PW: N/R) sales rose 97.8% yoy to USD 156.4 mln, according to the company’s website. Net income jumped 4.6x yoy to USD 11.1 mln (net margin of 7.1%). Operating income increased threefold during the period to USD 23.0 mln.
