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CoTec: Maiden Profit & Q2 Financials Review
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Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:07] Speaker 1: Hello, everyone. Welcome to Kotek Holdings live investment summit today hosted by 6. I am pleased to introduce the president, CEO and director for Kotek, Julian Traeger. Julian's going to walk us through a bit of an update and then we'll be taking some questions live. Remember that you can submit your questions using the Q&A panel found on the right hand side of your screen at any point during Julian's talk today. And as always, this event is being recorded and will be available to watch on six.com in the coming days. But Julian, without further ado, I'd like to hand things over to you. Get us started. Thank you, Cam. And thanks to all of you who are dialing in to get the update on Kotech. [00:40] Speaker 2: We're very pleased having just announced [00:43] Speaker 2: our H1 results that we can declare a maiden [00:47] Speaker 2: profit for the business. [00:50] Speaker 2: This [00:51] Speaker 2: still understates [00:52] Speaker 2: what's really [00:53] Speaker 2: the potential [00:54] Speaker 2: of the portfolio, but it nevertheless is a signifier [00:58] Speaker 2: that we are moving in the right direction. [01:00] Speaker 2: And I'll talk to you as well about the exciting things that are happening in the portfolio [01:05] Speaker 2: and the [01:06] Speaker 2: interesting pipeline we have. But most importantly, I think we are [01:11] Speaker 2: at the right place at the right time. The macro events we've been seeing [01:17] Speaker 2: over the past 6 months, the unfortunate war in the Ukraine, [01:20] Speaker 2: which is creating shortages [01:22] Speaker 2: of raw materials, [01:24] Speaker 2: the rise in inflation, [01:27] Speaker 2: the need to reduce costs, [01:30] Speaker 2: the...