ANO 0.00% 72.0¢ advance zinctek limited

Reading it a little more and they must’ve finally had a good...

  1. 178 Posts.
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    Reading it a little more and they must’ve finally had a good result re shipping the Alusion (or possibly the dispersions are much higher margin-noting there was an order for 500k in November). Last FY it took ~7m of raw materials for ~12m in revenue, 58% cost of raw materials. This is now down to ~ 50% (assuming other costs stay broadly similar at approx 1.25m for the half). 11.3m revue less 1.25m 10m providing nearly 5 mill profit. So either an increase in selling price, a decrease in raw materials cost or they’re finally moving more higher margin (Alusion) product. Hopefully when they release 1h results we can get an update on the composition
    Last edited by TheFatGeneral: 17/01/20
 
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