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AUSTRALIAN FORESTRY CO ITC SAYS MIS SALES "DISAPPOINTING".
MELBOURNE, July 1 Asia Pulse - Forestry company ITC Ltd, a subsidiary of diversified agribusiness Futuris Corporation Ltd (ASX:FCL) , said today that challenging market conditions had contributed to a "disappointing" level of sales in managed investment schemes (MIS).
ITC said 2008 MIS sales totalled $A37 million ($US35.42 million) as of June 30.
ITC chief executive Vince Erasmus said the sales result was disappointing, noting that challenging market conditions had contributed to the outcome.
Mr ...
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Source: HighBeam Research, AUSTRALIAN FORESTRY CO ITC SAYS MIS SALES "DISAPPOINTING".