Chaifa suffers $4.6m loss

Garment and accessories company Chaifa Holdings yesterday revealed it made a net loss of $4.6 million in the nine months to December. In the three months to December, losses reached $26.8 million. The company markets garments under the Playboy label. The unaudited loss comes as Chaifa saw profit drop 30 per cent to $22.25 million in the six months to September.