SRX 2.70% 18.0¢ sierra rutile holdings limited

Ann: Sirtex Records Underlying Full Year NPAT of $42.4 Million, page-2

  1. 13,055 Posts.
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    Pretty much as expected, with action taken to reduce costs and increase focus in realising the potential growth in business of the SIR-Spheres Y-90 . The reason for the annual loss in profit is the $90.5 million one off clinical & R&D asset impairment and restructuring cost.
    I reckon the market will react positively to this result and we will see slow movement up in the SP during the next 12 months.
 
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