ANO 0.69% 72.0¢ advance zinctek limited

Ann: ANO Investor Presentation Update, page-71

  1. zwu
    2,452 Posts.
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    The company said that it made 7T of products per week in FY2017 (and since has raised to15T/wk).  Hence it at least produced 7T*52=364T a year in the past 2 financial years.  If the price was $40/kg, then the annual revenue should be at least $40/kg * 364,000kg = $14.5m.   

    But why were its real revenues of FY2017 and FY2018 only $4.7m and 6.7m respectively?  Was it because the product prices were much lower than the present one or because of some other reasons?

    Also, the production now has been more-than-doubled to 15T/wk, thus its revenue should also be more-than-doubled to $31.1m p.a. or be $20.7m in the first 8 months of the FY, but why was the PAT of the first 8 months only $2.73m, with a PAT margin of only 13.1% (not 50+% as suggested)?
 
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