do not know where do you get those numbers butcherboy.Profit is...

do not know where do you get those numbers butcherboy.

Profit is down to 3.5 milion from previously 4.9
This is on sales of 74 milion, about 60% higher on last yperiod.

They needed to to sell the family silver ( the renewable energy certificates ) at a big discount in order to be able to deliver on their contracts.

It would appear that the promised banking facilities did not come through as yet, even though it was announced few months ago that the finance is imminent.
Up to now still not trade credit.

Now, one can not do business without working capital, specially big deals, like the $185 million announced in Europe.

Having big order book and unable to deliver is not a good way to do business.
Finding themselves paying to much for components, after they quoted for work is a sure way to the poor house.

I wonder if CBD can cope with what is on their plate.

Unless they can secure reliable finance, there is not much point going after 1 billion worth of work.
Without finance, operating on cash basis, there will never be any growth,