Rising electricity prices fill state govt coffers, page-35

  1. 37,911 Posts.
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    what is so utterly disgraceful is Ergon is making a net profit margin of 39% (on revenue)

    now please find me an ASX company or any other major free market commercial entity that makes a 39% profit margin?

    RHC (private hospitals) - 5%
    AGL (energy) - 6% forecast
    TLS (telco) - 16%
    SRX (biotech) - 23%
    CSL (biotech) - 25%

    the Ergon profit is due to a MONOPOLY and is thus undemocratic

    pure fascism
    Last edited by ddzx: 07/10/15
 
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