Loss 2800 include a trade receivble written off 1600 million n a provision for impairment 1375 million . Tat y show a loss in p & l. 1. Revenue decrease but cost of sales also decrease 2. Other operating income increase 3. Financial cost decrease 4. Administration expenses also decrease 5. Due to 2016 don't have written off. N impairment . So is not big Issue
the revenue is so bad. i don't see any good thing from this counter. better stay away from this counter first unless it got better sign. take care and good luck
I ad told u to be careful.. i knew they had bad debt, but now written off, hopefully no more in future. However, another issue - revenue dropped badly because less project. y-o-y dropped half, esp this quarter very bad. Don't know what this board is doing.
No offence, I think maybe it will break the previous low, dont know how low it will go..
Posted by AnonymousInvestor > Sep 25, 2017 12:45 PM | Report Abuse X
curious, watch the trap show. as i know, the results should be bad, bad debt also floating up again.
The management is weak. I would say just stay away first. Cut loss is ok. Unless there is improvement of the business. That shapadu project talk so long already but didn't reflect in the report.
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Wei Xidu
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Posted by Wei Xidu > 2017-09-28 15:43 | Report Abuse
Tis few days qr come out??