As announced on 10th August, the acquisition of Green Forest International Pty Ltd (“Green Forest”) was completed following the issue of 40,000,000 shares to the vendors. Accordingly, from 10th August, JAT has consolidated Green Forest’s revenue. JAT Directors note that September quarter
cashflows include the impact of Green Forest revenue for only half of the September quarter and that 50% of Green Forest’s net profit is associated with minority interests.
In the December quarter, JAT will consolidate Green Forest cashflows for the full quarter
As announced on 10th August, the acquisition of Green Forest...
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