Didn't expect this, page-28

Alter,

Interesting analysis, although poorly researched. Sometimes i wonder if anyone reads the reports or understands ratios??

To point 2: Revenue was $105 mill on H1, forecast revenue for H2 is between $135-155mill... So 135 x 0.185 EBIT margin = $25mill to $29mill...

To point 3: We have continued to increase our sales to retailers across China, through our agency with SIIC and the multiple distributors that support Bellamy’s in China. Retailers are also embracing the online phenomena by offering customers a seamless offline to online experience through their own retail platforms.


https://bellamyshk.tmall.hk/ Tmall site