About $ 400.000 net profit doesn't sound much at 25m turnover but when we consider all the start up and ongoing costs for the retail stores as well as development costs then it is a great achievement.
2014 will be a fantastic year for VMT. A sound and solid business, growing at a responsible rate. Wait for the news that they have added production capacity for other JV companies.
vmoto profitable, page-56
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $62.72M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $21.03K | 142.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 20000 | 1 |
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| Last trade - 13.38pm 10/07/2024 (20 minute delay) ? |
| VMT (ASX) Chart |