HLF 0.00% 0.7¢ halo food co. limited

Ann: Quarterly Report and 4C, page-39

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    @meghotcop With respect I think you are missing the point. This is a margin business, 20% gross margin. It is all about increasing sales, hence margin. Total accounting costs are running close to $20m p.a. KTD needs $100m sales to make an accounting profit. Sales are down a bit, PMOC down to indicating there isn't excessive Q4 sales started toward the end of this past Q. The extent that prop. sales increase, will increase the gross margin a bit and that will help achieve profitability sooner.
 
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