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Commentary and Overview of Results
Revenue for the six months at $14,210,430 was 41% above the comparative period last year mainly due to exports but also due to local market sales mainly on the barter deal.

In terms of volumes we have pushed 72% more volume through the factory this half year against last half year. The volumes have generated less revenue per ton than in the previous period for a number of reasons. Firstly, exports were at low margins reflected in revenue per ton 20% lower than in the local market. Secondly, sales in the local market were discounted 15% at the beginning of the year as a strategy to combat imports. Thirdly, sales on the barter deal are mainly aluminum where aluminum per ton sells for around a third of the revenue per ton from copper...


HY 2015 financial results

 
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