Dont know what everyone is complaining about, the half looks great. What kind of business wouldnt take the tax benefit of 2.5m if they could. They said NCA is currently selling the property and we should be receiving the 2.5m as soon as completed. We made 500k total profit for the half if we did not include the impairment. We made 7.5m gross profit.
Its annoying that this impairment of 2.5m hid the profitability again but what business would not claim it if they couldnt..
Looks like are going to have to wait for the full year report folks. Company is still ticking boxes and there is a lot to look forward to.
The boutique shop in particular will gather a lot of attention next month being the first australian retail outlet to open there and sell these kinds of products.
RESULTS FOR ANNOUNCEMENT TO THE MARKET FOR THE SIX MONTHS ENDED 31 DECEMBER 2019, page-12
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