CNN cardia bioplastics limited

re: Ann: Organic waste diversion program exte... Wonder what the...

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    re: Ann: Organic waste diversion program exte... Wonder what the net profit is for each of these reports/contracts.

    Hard to say but what is clear is they have to sell a hell of a lot of bags to make decent profits. With the Brazliain retailer announcement the other day they mentioned that annual orders are expected to reach $400K but the first order was for 1.25mill bags. So it seems multi million bags for that $400K revenue. How much of that is profit? 20-30%?

    So maybe $150K serving a company with 120 stores and 38mill customers.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.