JAT 1.94% 76.0¢ jatcorp limited

JAT is 'Udderly Cowabunga', page-338

  1. 24,494 Posts.
    lightbulb Created with Sketch. 179
    Under the Agreement, JAT will shall source and supply beef and mutton products and LNAHC shall use the existing sales channels to promote JAT’s beef and mutton products to the northwest of China. With the deepening of cooperation, both parties intend to expand the domestic beef and mutton import market and expand the scale of beef and mutton trade by building a stable and diversified international trade chain system, expand trade business from unilateral import to import and export.

    The Agreement provides that LNAHC plans to purchase 50 x 40’ containers of Australian beef and mutton from JAT in the first 12 months of the Agreement. The method of payment by LNAHC will be by sight letter of credit.

    I'm wondering how many containers have been shipped over the 3 months and what kind of profit margin there is.
    That's a lot of kilos of beef and mutton.

    All these extras to add to the balance sheet.
 
watchlist Created with Sketch. Add JAT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.