RRL regis resources limited

Cost Blowout?

  1. 22,574 Posts.
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    Just wondering if anyone out there can clarify an issue regarding costs for the last financial year: Cost of sales in 2020 were $414 million. Cost of sales for 2021 were $544 million. That's a $130 million hit to profit. The company in its recent results announcement and other presentations hasn't spelt out what the cost rise related too. Is anyone in a position to spell out why expenses were 33% higher in 2021 than in 2020, and if that is likely to be recurring?

    Reaper.
 
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