Global-Tech Advanced Innovations Inc. (GAI) reported fiscal 2012 net income attributable to shareholders of the company of $1.4 million or $0.46 per share, compared to the net loss attributable to shareholders of $4.0 million or $1.32 per share in the fiscal 2011.
Net sales for the fiscal 2012 rose 21 percent to $69.7 million from $57.5 million in the previous fiscal.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.