The increase of 2000 beds in the first quarter of the financial year is an impressive start of the year and would add to the gross profit. There is the recurring revenue. Another 2000 beds to be completed by this quarter is expected. I expect new negotiations to be conducted for more beds to be concluded. I expect gross profit to improve further whilst other expenses remain fixed. This should be an exciting year for ONE.
ONE Price at posting:
34.8¢ Sentiment: Buy Disclosure: Held
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