PHL propell holdings limited
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Ann: Half Yearly Report and Accounts, page-3

  1. dude342
    596 Posts.
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    30/03/22
    20:29
    Post #: 60530938
    $1,175,274 in loans with expected losses (defaults) of $257,543

    Revenue from interest was only $295,480 with finance costs being $151,908.

    They are underwater before any actual business running costs. Am I reading that right? Is this the train wreck I think it is?

    Last edited by dude342: 30/03/22
    PHL Price at posting: 6.9¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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