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Ann: FY14 Results Announcement and Presentation, page-3

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  1. 2,453 Posts.
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    First positive is that its an improvement over 2013, but one thing that has me a little worried is the "staff costs" although it's down 7 million from 2013 but still .... $88 million, that's about 75% of their total revenue. Seems too many people on top $$$. This somehow needs to come down more, start getting rid of dead wood, middle men and have those around them dig deeper.

    All in all though it still is an improvement and hopefully better as the world economies find their equilibrium.
    Last edited by MakinMoney: 12/08/14
 
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