Sosandar expects to report growth revenue growth

Online women’s fashion brand Sosandar PLC expects full year revenue for the year to March 31, 2018 to be around 1.34 million pounds (1.81 million dollars), with like for like sales for the six months to March 2018 showing a 268 percent increase against the prior year. Gross margin for the year is expected to be at 49.3 percent against 37.8 percent in FY2017. The company said, record monthly revenues were achieved in March 2018, and substantial momentum has continued into the new financial year.