9 months end 31-12-21. Revenue: RM 164.8 million Trade receivables: RM 146.1 million Other receivables: RM 16.1 million Inventories: RM 43.9 million. Current liabilities RM 117 million.
Read the financial report and tell me what kind of business that their 9 months revenue is all in receivables? Can the business generate enough cash to pay the current liabilities? If not then goes bankrupt or need PP or RI.
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Posted by Sslee > 2022-03-28 08:24 | Report Abuse
9 months end 31-12-21.
Revenue: RM 164.8 million
Trade receivables: RM 146.1 million
Other receivables: RM 16.1 million
Inventories: RM 43.9 million.
Current liabilities RM 117 million.
Read the financial report and tell me what kind of business that their 9 months revenue is all in receivables?
Can the business generate enough cash to pay the current liabilities? If not then goes bankrupt or need PP or RI.
Invest at your own risk. Beware!!!