"Revenue in contract
manufacturing was impacted negatively by installation of new equipment early in the period while
sales of branded products, which grew 37% on the prior corresponding period, was still lower than
forecast and shipping costs were higher and delivery times were longer. While the Company still
expects strong growth in markets such as Australia, USA and Japan for branded product sales in
future periods, the above factors have led to the Company recognising an impairment loss of
$825,059 on the Meluka CGU in the period."
oh dear.
Also revenue down compared to 2020, wheres Gops and his "explosive growth" posts? lol.
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