EZZ 2.90% $2.01 ezz life science holdings limited

Ann: Half Yearly Report and Accounts, page-2

  1. 916 Posts.
    lightbulb Created with Sketch. 65
    good results despit 0.3 million of cash out flow. so profitable as I expected before

    my main intake is the 2nd half will be much better given their comment about reducing marketing expenses used in establishing new channels so good diversification here.

    EZZ managed to
    successfully implement its channel diversification strategy by establishing Kuaishou as the third key digital distribution channel after Tmall Global and Douyin. Generating more than $4 million revenues in 1H FY24, Kuaishou is now the second largest distribution channel after Douyin.

    also 4 new products revenue of AUD 2.4 million is excellent.
    adding more products will significantly increase revenue.

    overall I am happy with the result.
    Last edited by Mo1983: 29/02/24
 
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