CNN cardia bioplastics limited

cost of sales

  1. 370 Posts.
    Just wondering if anyone knows more information about the cost of sales. I've noticed upon research that the cost of sales is over 90% of revenue received. Althought it has improved from 2010 to 2011, just wondering if over time per unit, cost of sales will also improve, leading to more profit.

    If the company triples it's sales and cost of sales is still very high, what use is that? But if improvements in productivity/efficiency/technology are in play and profitability improves, then green lights ahead.

 
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