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clock Created with Sketch. 07/03/18
22:26
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Originally posted by good1rosco
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On 29 August 2017 RFG forecast NPAT growth of 6% for FY 2018, compared to FY 2017. This forecast was reaffirmed on 30 November 2017 and subsequently on 7 December 2017. On 19 December 2017 RFG issued a trading update to the ASX in which it announced that forecast NPAT for the first half of 2018 is currently expected to be approximately $22.0m, compared to 1H17 NPAT of $33.5m i.e. a drop of approximately 34%.
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Clearly that was before the huge write down which they didn't expected........(after debate with the auditors which RFG seem to have yield)....so No.
