Steady progress continues. Revenues were double those of the same quarter a year earlier, and the company has the Kobe and Hong Kong auctions to boost sales in the current quarter. Costs continue to be tightly controlled. For example, staff and admin costs totaled $2.1 mn this quarter, down from $2.7 mn the previous quarter. Annualized, that’s a $2.4 mn additional contribution to profits.
Ann: September 2021 Quarterly Update and Appendix 4C, page-2
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