FLC fluence corporation limited

Media Update, page-2449

  1. 864 Posts.
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    1. I believe 30% down payment on order, another bit more before the containers leave the factories. This side of the business is quite prudent at the China side. Not too sure on the Nirobox side of business.

    2. What was significant after 4Q2018 was 35 plus 40 units for iTEST, a total order of $45m over 3 years with this customer. Panjin was a SUBRE, and Kaitian’s order wasn’t disclosed. At various times, I had asked about factory utilisation and was told 1 to 3 shifts at different times. Backlog could be for MABR, or Nirobox which is in a more competitive environment. In short, I can’t answer your 2nd question.
 
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3.9¢
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