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any expert to comment on qr , the prospect seem good but receivable is high but announcement mentioned this was due to related parties outstanding , hence i guess the risk should be low , overall all revenue were increased and only cost of sales is too high
Well if you think about it during the mco a lot of businesses could not operate at full potential. Once the mco was lifted companies will have a lower cash reserve (dude to constant fix cost) so what I am trying to say is that they need sometime to recover even if it means operating on credit. So it kind of make sense for them to have high trade receivable.
