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Article Excerpt
LAC-MEGANTIC, Quebec -- Bestar Inc. (TSX:BES) - Gross revenue for the quarter ended September 30, 2005 totalled C$10,277,000, a decrease of 19.5% compared with C$12,760,000 for the same quarter last year.
"As announced at the end of the second quarter, we renewed most of the products sold to our major clients, but it is too early for us to evaluate their performance. However, we know that the delayed introduction of our new products and the growing Asian competition explain the decrease in our sales." highlighted Mr. Jacques Hetu, Chief Executive Officer of Bestar.
Gross revenue for the first nine months of 2005 totalled C$29,280,000 compared with C$34,058,000 for...
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