Kibush Capital's Corporate Customers have recorded a rise in their cost of revenue by 27.87 % in the 3 quarter 2021 year on year, sequentially costs of revenue grew by 10.9 %. During the corresponding time, Kibush Capital Corp recorded a revenue increase by 25.08 % year on year, sequentially revenue grew by 104.04 %. While revenue at the Kibush Capital Corp 's corporate clients recorded rose by 28.57 % year on year, sequentially revenue grew by 11.65 %.
Kibush Capital's Customers have recorded a rise in their cost of revenue by 27.87 % in the 3 quarter 2021 year on year, sequentially costs of revenue grew by 10.9 %, for the same period Kibush Capital Corp recorded revenue increase by 25.08 % year on year, sequentially revenue grew by 104.04 %.
Kibush Capital's Comment on Sales, Marketing and Customers
As the principal material is gold, the options are to sell either to a refinery
and be paid the daily spot rate, or to sell to the jewelry wholesale market. Both
of these options exist internally within PNG however the wholesale market is quite
small. There are several options when the material is exported from PNG, again
it could be to any refinery within the region and that rate again would be the
daily spot rate. The wholesale market outside the country would be significant
and there are many opportunities within Australia to sell at a higher than spot
rate to that market. There may also be parties that would take up the material
on a contractual basis.
The timber products will be marketed and distributed from our Timber Yard at Laloki
(30 minutes North East from Port Moresby PNG). This facility is within easy reach
of trade customers and gives quick access to our wholesale customers. In addition,
it provides an opportunity for retail sales to be made direct to end consumers.
We have developed marketing and distribution strategies based upon our experience
working with the Paradise Gardens customer base over the last 12 months.
Kibush Capital’s Comment on Sales, Marketing and Customers
As the principal material is gold, the options are to sell either to a refinery
and be paid the daily spot rate, or to sell to the jewelry wholesale market. Both
of these options exist internally within PNG however the wholesale market is quite
small. There are several options when the material is exported from PNG, again
it could be to any refinery within the region and that rate again would be the
daily spot rate. The wholesale market outside the country would be significant
and there are many opportunities within Australia to sell at a higher than spot
rate to that market. There may also be parties that would take up the material
on a contractual basis.
The timber products will be marketed and distributed from our Timber Yard at Laloki
(30 minutes North East from Port Moresby PNG). This facility is within easy reach
of trade customers and gives quick access to our wholesale customers. In addition,
it provides an opportunity for retail sales to be made direct to end consumers.
We have developed marketing and distribution strategies based upon our experience
working with the Paradise Gardens customer base over the last 12 months.
Sources:
Kibush Capital Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Kibush Capital Corp’s corporate clients.
For your research, we’ve provided 9 tables on Kibush Capital Corp corporate clients.
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