They were profitable in 2017/18, went into the red for 18/19 and I suspect will still be in the red, but with greater revenues in 19/20 but 20/21 will be back in the black. Our product mix will have stabilised cost reductions will be put in place and we’ll have higher margin supplements for sale in Aust and China. They’ve got the products and the infrastructure to make this happen, it’ just taxes time.
You make it sound like they’ve been in the red for eons. That isn’t the case.
Ann: AGM Address to Shareholders, page-20
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