GRR 4.00% 26.0¢ grange resources limited.

FY23 P&L prediction, page-5

  1. 10,752 Posts.
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    I know what you're saying in that sales value in 2H is some 20% better than H1 but I have sales cost at about 30% more in 2H over H1 resulting in a near flat Gross Profit from operations between the two halves. There was more ore mined in 2H over 1H resulting in higher costs whereas in 1H there was higher stripping of both pits - these costs being capitalised.
    I have higher below the line expenses(after profit from operations) principally related to the write-off of the purchase cost of the 30% interest in Southdown - this cost is yet to be confirmed.
    All will be confirmed in late Feb- my figures are only estimates but I'll be surprised if they're not a good guide.
 
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