PET 0.00% 2.5¢ phoslock environmental technologies limited

News: PET Phoslock Environmental Technologies Confirms New Contracts &Project Extensions, page-11

  1. 27,452 Posts.
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    We hear a lot that our product is rather expensive in comparison ............. If the Chinese have more say in the matter we could well see reduced profits but a bigger turnover.

    Once the Resume is chokkas with successful BIG projects ................we could see a gradual return to current profit margins. Not exactly what I would do but I can see this as a potential...............Engineering up, exports up, turnover up, profits marginally down. Overall we could benefit from such a ploy albeit employee numbers will also be up but still overall financially feasible. Product integrity will take a hit and that does not enthuse me at all.

    Just saying....................
 
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