Sorry, I made some errors, the correct financial data should be:
Net tangible asset: 34c per share. Half year sales: $2.44 billion Net debt reduced to $200 million down from $251 million at 31 December 2009. Gross debt reduced to $330 million down from $526 million for prior period.
Gross profit percentage at 19.6%, up from 17.9 per cent for prior period.
Unlike GNS, PPX will NOT have going concern issue, should be recovering soon.
