2 Jun 2010

Loss for stamp trader

12:50 pm on 2 June 2010

Listed stamp collector and auctioneer, Mowbray Collectables has reported a loss of $229,000 in the year to March, an improvement of 4% on the previous year.

Sales fell 10% to $3.6 million, due in part to a poor performance at its auction business in Australia, which it's trying to sell.