OAK 0.00% 6.1¢ oakridge international limited

Ann: Preliminary Final Report, page-2

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    "Commentary on the results for the year
    Revenue increased from this year to the prior year is mainly attributable to the recognition of R&D tax concession of $1,630,695 whilst the revenue from operations decreased by 50% compared to the prior year which was mainly due to the reduction in sales as a result of the pandemic in the second half of the fiscal year 2020. The loss for the current year is substantially less than the prior year due to cost cutting measures and the curtailment of the R&D activities in the current year."

    Short, but not so sweet, this mongrel dog is down but not out lol.

    https://hotcopper.com.au/data/attachments/2430/2430061-5c575017025dacd6dfce48f2771ff3db.jpg



 
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