/2018-2019, in-line with reduction in food revenue. However, the Company managed raw material costs by sourcing from suppliers that offered better discount in comparison to volume and enforcing tighter
Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA
and axle. The Company and its subsidiaries procure finish quality product for sales as well as raw material for manufacture to quality product and sales. For the period of three months ended 30th June
distribution to online channels in both domestic and international markets through various direct and indirect online partners. Thus far, consumer’s feedback have been on the positive site. The Company gross
pending for customer delivery. The group companies normally write‐off out‐of‐date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter
group companies normally write‐off out‐of‐date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days were 70 days as at
customer delivery. The group companies normally write-off out-of-date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days
aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days were 98 days as at 30th June, 2019 and 83 days as at 30th June, 2018 . Liquidity Liquidity ratios are
‐of‐date inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days were 80 days as at 31st March, 2018 and 77 days as at 31st
inventory, and make provision for aged inventory and depletion in the value of fixed assets, if material, each quarter. Inventory days were 83 days as at 30th June, 2018 and 79 days as at 30th June, 2017