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Thread: PAZ Pharma Zen

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  1. #10
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,357

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    [QUOTE=iceman;866822#


    The last paragraph says they intend to build 2 new facilities at Rolleston and install 9 new two tonne freeze dryer. Holy crap is all I can say !! They sure are planning for some serious growth in the near future.[/QUOTE]

    Add to this their new factory on existing Port Hills Road site will be coming on stream in a couple of months time.
    So year ended 31st December 2020 turnover will come from existing factory.
    Year 2021 will include about 9 months of new Port Hills Road factory,and aprox 4 months of the first Rolleston factory.
    Fun year 2022 will have the above, and perhaps 6 to 8 months from PAZ's second Rolleston factory.
    Rough guess of revenue.2020 approx $21 mil.....2021 .$30mil...2022 $45mil and 2023 $60mil plus..
    I also note on increase revenue PAZ's margin increases.I also expect the new factories will be more efficient,and therefore more profitable.
    Last edited by percy; 17-01-2021 at 03:10 PM.

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