PAA 4.88% 21.5¢ pharmaust limited

Ann: Appendix 4C - Quarterly Report & Brief Company Update, page-7

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  1. 562 Posts.
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    I queried an officeholder on this exact point several months ago and the response was that Epichem is profitable. (actually I asked whether I could obtain a copy of the subsidiary's (Epichem) financial statements too but was declined on that front).

    My question to you - how do you arrive at conclusion that Epichem is not profitable?

    Epichem has a compound annual growth rate of 30% and international ISO accreditations are expected later this year which will boost demand even higher. I think it would be foolish to scale back this operation.
 
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