Varvaressos European Spinn Mills reported earnings results for the nine months of 2012. Turnover reached 10.78 million compared to 14.90 million in 2011. The company's exports came up to 6.64 million which is 61.5% of the revenues.
Losses before depreciation (LBITDA) reached 1.70 million contrary to gains of 416,000 during the same period of 2011. Losses after taxes reached 3.46 million compared to losses of 1.84 million last year.