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b9molecule

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b9molecule

Re: None

Sunday, 04/24/2011 12:34:29 PM

Sunday, April 24, 2011 12:34:29 PM

Post# of 7895
from the latest release:


The reduction in Gross Margin from 53% to 41% for Q1 2011 is attributed to a change in depreciation policy and a reduction in the proportion of processed and finished product included in sales resulting in a changed sales mix for Q1 2011, as well as foreign exchange movements.


changed sales mix

in English, does this mean they sold less of the more pricey, higher margin, thicker plate due to the aforementioned QC issues? (and swampboots, your tracts count as English in my book).

~b9

do your own research

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