09 March 2006 -

Report Summary


Boyner Retail Stores (BOYNR) posted US $ -5,08 mn loss for the whole year of 2005 compared to our estimate of US $ -1,3 mn which is still a major improvement looking at the year end 2004 and 3rd quarter 2005 net loss figures, of US $ 9,2 mn and US $ 11,2 mn respectively.

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