CNN 6.25% 15.0¢ cardia bioplastics limited

ann out : leading us maufacturer doubles order, page-32

  1. 8,256 Posts.
    In the recent shareholder update they mentioned they are fully focused on increasing sales in their target markets in order to achieve breakeven profitability.

    Sales and volume is obviously critical. Disappointing that margins are thin in a relatively new and specialised 'green' space like this, so they really need to jump on every opportunity - new customers, but also, importantly, look after their existing customers. It's a consumables industry, so repeat sales are critical.
 
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