Window coverings manufacturer and retailer Kresta Holdings has reported a $1.4 million loss for the year ended June 30, down from $1.5 million net profit last year.
Kresta Holdings chief executive Jules Di Bartolomeo has left the company following a restructure under which the chairman of one of its major shareholders will be appointed as managing director.
Kresta Holdings has appointed Xianfeng Lu and John Murphy to its board, following the resignation of company directors John Molloy, Peter Abery and Kevin Eley.
THE current popular clamour for companies to apply values and practices seen to constitute ‘corporate social responsibility' (CSR) has as much to do with political correctness as it does with changing the way business goes about its business.
