JVG 0.00% 15.0¢ jv global limited

financial reports do not include jv sales

  1. 3,445 Posts.
    Find out an interesting point - because the Indian and UAE JV's are minority interests they do not report or include sales in the financial reports. So to a degree we are a bit in the dark regarding the sales and profitibality of each business unit.

    It's unfortunate as I was hoping to see Component Homes ramping up sales and this beeing supported by India and UAE in the next report(especially India with an estiated 100,000 door frames).

    With breakeven at 1,000 frames a month i'm guessing they will report the profits once it's distributed from the JV (assuming it's not re-invested).
 
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