Sometimes, investor's need to read through the announcement and also between the lines.
1 has to look at last year quaterly announcement.
Look at the staff cost for the last corresponding quarter and compare with this last quarter.
That is a increase of just under 42% increase in wages, in 12 months.
Know we must ask ourselves why an increase in wages, is that OCC has employed more staff to manufacture our product or is OCC a charity organisation, that likes to employ people.
The conclusion I have and that is, that OCC has been forced to employ additional staff to keep up with demand of all our products.
It will be interesting to see what happens next year, in relation to staff cost's.
IMHO.
Regards
Rossi70
Ann: Quarterly Activity Report & Appendix 4C, page-12
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