Ann: FY2023 Results Presentation, page-3

Also interesting that PTL (so far, in iteration #2) can survive and turn in a net profit after tax whereas food manufacturer HLF recently went into liquidation.

On the surface, one might believe HLF had much higher margin products than PTL's White King and Country Life soap could achieve.

Maybe a key difference is the quality of management at PTL: perhaps not world leading, but solid performers who know their business well.

White King is always in the Throne Rooms in my household, so please ensure it's in yours. A great product that as a male friend says 'has the reputation of being the only one that works'. He buys it more frequently than do I.

Similarly, the HwB hampers I've purchased have never arrived damaged, often arrive overnight thanks to Australia Post's premium courier StarTrack and are generally attractively presented.