date:Jun 14, 2013
f fiscal 2013, compared to $10.6 million, or 14% of net sales in the previous quarter. As explained in detail in the Company's 10-K for fiscal year 2013, Synutra incurs ancillary sales of raw milk / whey protein powder due to its production methods, and such sales may vary from quarter to quarter.
Gross profit was $28.3 million in the fourth quarter of fiscal 2013, compared to $31.5 million in the previous quarter. Gross margin in the fourth quarter of fiscal 2013 was 39% compared to 43% in the