First (very brief) look at this, key driver of the profit decrease seems to be the NCMIL (refer segment note), where EBIT went from $2.9m to $1.3m, while this decrease wasn't quite made up by the other divisions.
Increase in debt needs a little more time to digest, but their expansion plans require capital from somehwere.
NOt as good as expected, but not bad.
My 2c!
