LASD reports 30% decline in first quarter net profit
Kimberly James2019-08-07T20:42:22-05:00Date: August 07, 2019 Lasco Distributors Limited (LASD), for the three months ended June 30, 2019, posted a marginal increase in revenue to $4.34 billion, up from $4.28 billion in the corresponding period in 2018. Cost of sales amounted to $3.47 billion, up 2% on the $3.41 billion reported in the prior comparable period. Consequently,