GXY 0.00% $5.28 galaxy resources limited

Ann: A40: $32.5m Strategic Institutional Placements, page-130

  1. 3,463 Posts.
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    Can some explain to me the A40 "operating profit" of $210,000? This figure is plucked from the cash flow statement.
    Isnt operating profit revenue less cost of sales?
    Which in A40 was $47,836,000 less $51,581,000 for a gross loss of $3,745,000. Loss before tax was $10,866,000. *Taken from the quarterly financial statements.
    I appreciate your feedback
 
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