Wednesday, November 27, 2013

FITTERS 3rd Q_13 result, not bad ^_^!

FITTERS 3rd quarter result looks good, revenue and profit increased, minimal short term debt can cash rich. However, the interesting part is there are no cash generated from operation??? looks suspicious!


Segment result shows that the major gain in profit and revenue is mainly contribute by property development, others segment remain stable (fire service & R/WTE). Nothing much to highlight, the suspicious part remain at the -ve cash generated from operation, to dig out more from forum later.

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