CDY 1.43% 7.1¢ cellmid limited

fillerina, page-39

  1. 1,484 Posts.
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    The article indicates theres real market potential for the product to contribute significantly to Advangen.

    "Al Ittihad Drug Store first-quarter revenues up 28%"
    "The Dubai-based pharmaceutical distributor grew revenue to about Dh78 million"
    28% of Dh78 mln = Dh21.84 mln = AUD9.96 mln at today FX rate

    "The company’s consumer division achieved the highest rate of growth, driven by sales of products such as Fillerina"
    Attributing 50% of the AUD9.96 million quarterly sales increase to Fillerina equates to AUD4.98 mln

    Today there are 24.13mln Aussies & 4.63mln Kiwis (28.76mln people) which is 314% the size of UAE (9.15mln people) in 2015.
    If we met these very rough calculations it would equate to AUD15.65 mln quarterly sales for Fillerina alone.
 
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