Recor slumps further

PUBLISHED : Thursday, 29 August, 1996, 12:00am
UPDATED : Thursday, 29 August, 1996, 12:00am

Audio and visual equipment manufacturer Recor Holdings has recorded a hefty attributable loss of $124.79 million for the year to March 31, up from the $1.16 million loss it made the previous year. The firm blamed sluggish market conditions in the United States and Europe.