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Business Description: Astron Limited (ATR) is a producer of zirconium chemicals and related materials. The company exports its products to a number of countries with a manufacturing base located in China.
Strategy Analysis: ATR's production strategy is focused on technical expertise in producing high performance chemical products and reducing processing costs. Supported by a growing Chinese economy, ATR is one of China's largest zirconium chemicals and materials companies and is continuing to expand its sales throughout China and the world. ATR intends to focus on higher value and growth opportunities attainable from heavy minerals production in Senegal and Gambia and from titanium dioxide in China..
Astron reported NPAT down 26% to $882,651 for the year ended 30 June 2011. Revenue from ordinary activities were $20.49m, up 34% from last year. Basic and Diluted EPS were 1.4 cents compared to 1.8 cents last year. The net operating cash outflow was $1.49m compared to an inflow of $3.95m in the pcp. No dividend was declared.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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