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0.00% 2.5¢ phoslock environmental technologies limited

Ann: Multifold increase in scope of works for XINGYUN Project, page-64

  1. chand
    3,619 Posts.
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    03/07/19
    11:09
    Post #: 39349927
    Hi,

    Please don't do injustice to PET by comparing it to Worley Parsons. The business model is chalk and cheese. If ever the revenue of PET increases to $4 billion then profit will be at least $1 Billion and not $75 Million for Worley.

    PET gross profit margin is more than 50% and overheads are minimal.

    The better comparison (for Model perspective) is CSL!!
    PET Price at posting: $1.14 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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