I should clarify: Selling and Distribution is part of COS, hence...

  1. 6,369 Posts.
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    I should clarify:
    Selling and Distribution is part of COS, hence 45% GP margins. I am referring to me using 45% and not 55% GP margins, because I and selling and distribution into COS. You seem to carry it as a separate line, but it basically comes to the same thing.
 
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