CLV 0.99% 51.0¢ clover corporation limited

Ann: Growth in Revenue with Expanding Markets, page-10

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  1. 353 Posts.
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    I see the results in a better light. Operating revenues is up almost 10%, the same as the same time last year. Net profit is down, but for I think for some good reasons. This is a growth company and operating expenses have increased by 20% to keep growth happening, marketing, sales personnel and R&D. All signs of a growth company. I'd be more concerned if they were cutting these costs. As far as no dividend, this is a growth company and with the unknowns of Corona I think it makes sense. Keep some cash for doing what growth companies do and that is to keep growing the business. There is plenty of good news in last nights release I think such as the growth in Europe and the USA outside of China.

 
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