GLH 0.00% 13.5¢ global health limited

the R & D is amortised in line with accounting standards. The...

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  1. nk
    2,808 Posts.
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    the R & D is amortised in line with accounting standards. The low rate of amortisation is a reflection of the quality of the products.

    All the profits are being reinvested in product development and marketing

    More significant is the sales growth in the licence income.

    Also if you look at Note 3 you will see the enormous gross profit margin generated from non acute sector sales. This margin is the one that is being used to fund R & D

 
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