HT8 0.00% 0.9¢ harris technology group limited

Need to see their sales margins before getting too excited on...

  1. 467 Posts.
    lightbulb Created with Sketch. 167
    Need to see their sales margins before getting too excited on this result. Margins can be tough in the I.T & consumer electronics market segments and sometimes improvement in sales does not necessarily translate into a similar increase in profit. Half yearly showed that they had to sell $19.3m worth or product to deliver a profit of $1m before tax. Not really an amazing return on investment and effort but hopefully they have kept costs of sales and general business expenses down to show an improved margin and profit position for full year results. Good luck to all holders.
    Last edited by mmac22: 05/07/21
 
watchlist Created with Sketch. Add HT8 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.