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Radia Revenues Hit

Radia Revenues Hit

Radia Holdings Inc., formerly Goodwill Group and prior to that Crystal, the Tokyo-based company that provides staffing and other services, including UK brands Strategi, FSS and Crone Corkill under Advantage Professional has announced that its revenues fell 43.5% to 1.38 billion year on year to the period ending Dec. 31, the end of the first six months of its fiscal year.

Sales were affected after some of its operations had been suspended by the Japanese government over worker dispatch violations, Radia decided to move out of the temporary day labour market in the summer of 2008 and the company also cited tougher employment conditions with a slower economy in Japan.

The company posted a net loss for the fist six months of 64.2 million.

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