Yes, Aisa/China IF sales grew - only 3% cpc but actually decreased 14% compared to last 6 month. Don't even mention 40%+ drop in ANZ IF sales. This is not something you can solely blame on Covid.
All reports today are all carefully worded so the management won't get into trouble. Things like "The outlook FY21 assumes the actions being taken to re-activate the daigou/reseller channel deliver a significant improvement in quarter growth from Q321 to Q421." = nothing said.
I dislike how this management handles things. If you are not a trader, not a good time to enter as the decrease on IF sales can be permanent so is your capital loss.
Yes, Aisa/China IF sales grew - only 3% cpc but actually...
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