PHI Group Inc (PHIL): Vinafilms profit margin was ~3% on $25m...

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PHI Group Inc (PHIL)

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Re: goldstandard post# 71911

Tuesday, 06/29/2021 7:07:01 PM

Tuesday, June 29, 2021 7:07:01 PM

Vinafilms profit margin was ~3% on $25m annual revenue with their old machinery. Given the new machinery with revenues up to $200m/yr currently, I would expect the margin to be at least twice much. New machinery with less labor per unit output, less maintenance and a lesser hit from overhead expenses.

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