Global-Tech Advanced Innovations Inc. (GAI: Quote) 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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by RTT Staff Writer
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