I have been crunching some numbers for the completed FY.
Sharing my analysis and happy to be corrected:
Revenue till March Q = 29.7m
April Kobe Sales = 4.7m
June Kobe sales = 4.8m
Remaining pearls from Kobe were sold at a better price, so 35000*70$ = 2.5m
Assuming all the remaining 22000 pearls from June were sold at 70$ = 1.5m
Total Revenue for the year = 43m
Expenditure as per previous years = 17m (to 19m)
Profit = 24 to 26m
Cash at hand on April 19th = 16.5m
Adding in the 8.8m revenue after April 19th minus 7m expenditure= 18m (purely an assumption, actuals might vary significantly)
Based on this I am assuming that we get 1 to 1.5c dividend.
All in my opinion. DYOR.
I have been crunching some numbers for the completed FY.Sharing...
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