Amadeusz Juskowiak

Sdc sydney cost review may eliminate products

SDC Sydney Development Corp earlier reporting an increased nine month operating loss said a cost control review now underway may result in cost reduction and elimination of unprofitable and nonstrategic products and services

The companys operating loss for the nine months ended December 31 1986 increased to 77 mln dlrs from a loss of 17 mln dlrs in the prior year it said earlier

Revenues increased by 20 pct to 118 mln dlrs from yearearlier 98 mln dlrs

Reuter