You apparently are unaware of what the relevance of lock downs ending in Australia and China as a result of vaccinations uptakes both here and abroad.
This is from the last annual report.
"This year has been very difficult for the group and everyone else. Evolving dynamics coupled with rapidly changing environment has created both uncertainty and opportunity. The COVID-19 pandemic, including local lockdowns, border closures, international travel bans and political tension between Australia and China have consequently impacted JAT’s operations which includes selling products to local retailers, Daigou stores, pharmacies and the China market.
JAT’S resilience was tested as the pandemic continued to disrupt operations throughout the year. The high logistics costs impacted the Group’s profit margins as most packaging materials plus some raw materials were imported from overseas. During the past 12 months the Group’s logistics costs soared 110%. The export logistics costs also increased by 10-15% during the past year. This has shrunk our profit margins for the period."
In case you are not aware Jatcorp has product manufactured in Sydney at Homart, ANMA Melbourne, New Zealand, South Korea(cosmetics) and China. They sell product in all of these locations as well.
Vaccination levels worldwide are the key to some kind of return to normality of Jatcorp operations.
GLTAH DYOR
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