EOF 13.9% 4.1¢ ecofibre limited

Ann: Appendix 4C - quarterly, page-10

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    Ananda Health distribution starts its maturation towards traditional, highly efficient model

    As a result of this shift Ecofibre also notes that:

    • a lag between sales and receipts from customers was experienced in the December 2019
    quarter. The Company expects this to normalise over the following quarters in line with growth.
    Ecofibre’s half year results will show an increase in receivables as the proportion of upfront
    payments made by direct customers reduces.

 
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