EHL emeco holdings limited

News: EHL ASIC Says Emeco Wrote Down Value Of A Trade Receivable After ASIC Inquiries

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    March 7 (Reuters) - Australia's ASIC:

    • EMECO WRITES DOWN VALUE OF A TRADE RECEIVABLE AND IMPROVES BUSINESS RISK DISCLOSURE FOLLOWING INQUIRIES BY ASIC
    • EMECO RECOGNISED A A$22.9 MILLION EXPENSE TO A SPECIFIC EXPECTED CREDIT LOSS ALLOWANCE IN HY ENDED 31 DEC 2022
    • RAISED CONCERNS ABOUT RECOVERABILITY OF SPECIFIC TRADE RECEIVABLE BALANCE, INCLUDING WHETHER EMECO APPROPRIATELY ASSESSED ANY CREDIT RISK
    • ASIC ALSO RAISED CONCERNS ABOUT QUALITY OF DISCLOSURE OF BUSINESS RISKS IN OPERATING AND FINANCIAL REVIEW

    (([email protected];))

 
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(20min delay)
Last
87.0¢
Change
-0.040(4.40%)
Mkt cap ! $450.9M
Open High Low Value Volume
90.3¢ 91.0¢ 87.0¢ $494.3K 550.0K

Buyers (Bids)

No. Vol. Price($)
1 27770 87.0¢
 

Sellers (Offers)

Price($) Vol. No.
91.0¢ 14137 3
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Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
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