JAT 0.77% 65.5¢ jatcorp limited

Ann: Green Forest Acquisition, page-2

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    Financials

    In the half year ended 31 December 2017, Green Forest earned sales revenue of $25.1 million and a profit before tax of almost $2 million. In the year ended 30 June 2017, Green Forest earned sales revenue of $24.7 million and a profit before tax of $790,000.
    The Directors of JAT and Green Forest are confident that, working together the businesses will achieve significantly higher growth rates and profitability. The acquisition is expected to result in JAT achieving significant and constant cashflow.
 
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