Great result. They have gone to being a profitable company in under 12 months of moving to a FMCG company.
Results in future should be even better and notwithstanding the sales increases once they get the three SMRA approvals and they start developing their own high profit margin products under Cobbitty.
The next 12 months will be very exciting for the company and LT shareholders.
Ann: Appendix 4C - quarterly, page-29
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