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ADNEX currently has about RM66 million worth of work that hasn’t been billed yet. What’s interesting is that roughly half of the jobs over the past two years came from repeat customers and about 90% of those are multinational companies from the US and Europe. Pretty impressive
So much unbilled work is good sign, means they got solid pipeline to collect soon. And good to see MNCs keep coming back, that's real testament to their quality and service.