Profit Projection15 Jan 2020 17:26
I thought I would try to make a guesstimate of the likely full year profits.
Given static unit volume, with a 16% increase in average prices achieved the top line revenue should increase by $203 million to $1477 million.
The increase in unit costs will add approximately $53 million to the cost of production.
So I reckon profit could be as high as $577 million, which would be a 35% increase year on year.
Please feel free to criticise my calculations!