Hi Robert,
your prediction of 20 cents EPS for 2023 is on the lower side, probably more like 21 to 22.
what will be interesting for FY2024 is that we will have been free from lockdowns , Covid vaccinations and other baby inhibitors. We would have seen some progress regarding the Re-activation of local diagou sales with the 1000’s of Chinese students.
also, the big marketing spend in the order of $260- 270 million per year will reduce significantly and be added to a reduced marketing sprnd and ultimately a higher sales margin from FY22 and FY 23.
Hi Robert,your prediction of 20 cents EPS for 2023 is on the...
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