FINANCE NEWS: Sense shop profits stay above £1m for two years running

Deafblind charity Sense has seen profits from its chain of shops break the £1 million mark for the second year running.

Net profits for the charity's 62 shops in England during 2002/3 were nearly £1.1 million and gross profits were £6.3 million.

Average weekly sales per shop also broke the £2,000 barrier for the first time at £2,013 per shop.

Sense Trading's director, Adrian Barker, said: "We are delighted at such strong performance for the second year running. We concentrate on offering value for money, quality products at low prices. Over the past couple of years, we have really focused on consistent growth. We are looking forward to building on our success in the next year."

The charity is also planning to launch a new five-year strategy in the summer.

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