When I asked about this lab, I was told it was now performing at a profit (I thought it should be got rid of, not being central to purpose).
Well, it is at a profit. But less than before!! What I was told was misleading.
Here are the data:
Three Months ended June 30, Six Months ended June 30,2023 vs 2022 2023 2022A$ A$ A$ A$Major product/service linesCoagulation testing products 245,066 813,849 825,625 1,778,438
Laboratory testing services (3 months)187,410 vs 282,457; (6 months)307,915 vs 725,345
Wine testing products 563,217 264,268 1,157,617 580,004
Veterinary diabetes product 308,044 0 308,044 01,303,737 1,360,574 2,599,201 3,083,787
It's like punching a wet cushion.
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