Maybe they wet or dry hire the machinery , and are paid based on the machine's hour meter . If there is more water to pump then BPP would get more revenue as either hiring out more pumps or the ones pumping are pumping more ?
I bought a few more today I like the business model , some of their pump motors are about 1o00 KW ie about 3 times as big as a Kenworth engine so guess the hire fee is pretty high per unit as that sized motor would be going through around 200 liters of diesel per hour at 3/4 throttle
I think they repair their engines in house which means they would keep overheads down to .
BPP Price at posting:
1.4¢ Sentiment: None Disclosure: Held
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