| Financial Summary | | GRIN,
through
its
subsidiaries,
Grand
Toys
Ltd.
and
Grand
Concepts,
distributes,
develops
and
sells
a
wide
variety
of
toy
products.
The
Co.
also
develops
and
sells
its
own
proprietary
line
of
toys.
For
the
six
months
ended
6/30/01,
sales
fell
28%
to
$4.1
million.
Net
loss
fell
42%
to
$1.3
million.
Revenues
reflect
the
Company's
emphasis
on
profitable
sales
and
tighter
inventory
control.
Lower
loss
reflects
decreased
corporate
advertising
and
lower
staff
level. | More
from
Market Guide: Significant
Developments |
| | | Elliot
L. Bier,
Interim
Chmn. Ian
Bradley,
Pres./CEO David
Mars,
Vice
Chmn. Tania
M. Clarke,
CFO/Exec. VP. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|