Sosandar H1 revenues grow 53 percent

Online women’s fashion label Sosandar PLC said revenue increased by 53 percent to 2.82 million pounds for the six months to September 30, 2019. Gross margin for the period was 54 percent compared to 55 percent in the previous year, while gross profit increased to 1.5 million pounds against 1.01 million pounds for the six months to September 30, 2018. The company reported underlying EBITDA loss of 2.7 million pounds compared to 1.96 million pounds last year.