Doubtful debts rose to $6.18 mil up from $1.9 still does not cover the loss if the debts become good which is not very well explained in the notes. Sure it's growing but so are losses and what's to say the losses keep growing at same rate at growth in business? More details should have been provided even though the system is a good one I'm sure.
Very hard to assess the future on this one without more detailed info from company.
Ann: 1H18 Results Presentation, page-6
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