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Toy-maker slides further

Toy-maker Kader Holdings has fallen deeper into the red with a deficit of $18.53 million in the first half after a loss of $24.93 million in the previous period.

It said yesterday it made a provision of $5 million for legal expenses for a lawsuit concerning one of its subsidiaries. Loss per share was 3.8 cents, against a previous loss of 5.1 cents. No dividend was declared.

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