CNN cardia bioplastics limited

$4.2mill revenue for the financial year. Below $5mill but still...

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    $4.2mill revenue for the financial year. Below $5mill but still a good performance when looking at trends. March quarter revenue was $685K, for 9 months was $2.7mill so this quarter it was around $1.5mill. Considering last quarter expenditure was $1.5mill and they've just implemented cost-cutting measures, it looks like we're about to move into profitable territory.

    Now all we need are updates on the current trials in China. Progress looks positive to me.
 
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