TNT 0.00% 13.0¢ tesserent limited

Ann: Market update, page-38

  1. 6,668 Posts.
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    I was going back through some of the previous 4C quarterly reports for TNT and noticed that the "product manufacturing and operating costs" seem to be increasing quite rapidly, much more so than say the staff costs (which would be expected given the growth due to acquisitions) :

    .................(b) product manufacturing & operating costs........(e) staff costs
    FY22 Q1..................$26.081m..................................................$12.227m
    FY21 Q4..................$16.305m..................................................$10.467m
    FY21 Q3..................$11.368m..................................................$8.168m
    FY21 Q2..................$13.318m..................................................$8.204m

    Does anyone know what these "manufacturing and operating costs" actually represent ?

    All IMHO, DYOR

 
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