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Ann: Cellmid to Acquire BLC Cosmetics Pty Ltd, page-80

  1. Finny
    12 Posts.
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    21/10/21
    23:47
    Post #: 56985286
    Hi MPirate

    If you look at the 2020 HGL annual report page 5
    .
    extract:
    "Despite a small reduction in gross margins, due to a combination of foreign exchange and promotional activity, FY20 saw BLC return to profitability during the year with a positive EBIT of $0.1 million improved from a $0.6 million loss in FY19, assisted by JobKeeper payments and leadership on this business unit."

    Cheers
    Finny
    CDY Price at posting: 6.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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