Ceramiche Ricchetti restates last year's results to show loss
MILAN, Italy -- Ceramiche Ricchetti SpA said it had a loss in 2000 after Italy's third-largest ceramic-tile maker restated its earnings to eliminate share-trading gains.
Ricchetti lost 6.72 billion lire ($3.1 million) in 2000 compared with net income of 11.2 billion lire a year earlier, the company said in a faxed statement. Earlier this month, Ricchetti said it had net income last year of 7.64 billion lire.