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Mei Ah slides into red

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VIDEO distributor Mei Ah International slumped into the red in the six months to September 30.

The company posted a loss of $5.42 million, compared with a profit of $13.03 million in the same period last year.

Turnover was $66.94 million, down 6.8 per cent from $71.80 million previously.

Losses per share were 2.17 cents, against earnings per share of 6.95 cents.

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