PGW - PGG Wrightson

[Otago K]

Help needed .
What % is the NPAT on revenue.
Is it 14.18% or 1.418%.
One seems high the other very low.

lorraina, just a cursory look into this but I have it at 1.418%, but bear in mind if I'm correct the gross operating revenue will be inclusive of any RE transactions gross selling price, yes Stock & Station Agencies have a habit of reflecting their clients capital transactions of property sales as part of their trading, not merely the commissions.
Best to look too the Gross Margin rather than gross operating revenue, potentially is fleshed out in the notes.

[winner (n)]

lorraina, just a cursory look into this but I have it at 1.418%, but bear in mind if I'm correct the gross operating revenue will be inclusive of any RE transactions gross selling price, yes Stock & Station Agencies have a habit of reflecting their clients capital transactions of property sales as part of their trading, not merely the commissions.
Best to look too the Gross Margin rather than gross operating revenue, potentially is fleshed out in the notes.

PGW profit margin has always been razor thin ...... 1.4% is not bad for them

Mr OK - commissions are a seperate line in the Income Statement .....if I'm correct I don't think they record the gross amounts of sales made on behalf of customers ...just the commission.

[lorraina]

Thank's I am used to figures in millions and really got confused.

[Left Field]

Thank's I am used to figures in millions and really got confused.

And long may you keep thinking in $ Millions Percy....