Island Dyeing losses mount

ISLAND Dyeing and Printing said yesterday losses increased to $24.4 million for the year ended March 31, 1994, from $19.6 million a year earlier.

Turnover fell 11.7 per cent to $195.2 million from $221.1 million while the loss per share was 37 cents compared with 30 cents.

Island Dyeing is controlled by Japan's Itochu Corp and Hong Kong's Nanyang Holdings.