HONG KONG--(BUSINESS WIRE)--Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) today announced its net sales and earnings for the quarter ended June 30, 2015 (the Company’s first quarter of fiscal 2016). Net sales for the first quarter of fiscal 2016 ended June 30, 2015 were $15.3 million, compared to net sales of $24.6 million for the corresponding quarter in fiscal 2015. Net loss for the first quarter of fiscal 2016 was $1.0 million, or $0.34 per share, compared to a net loss of $0.3 million,
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