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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Last
$1.06
Change
0.015(1.44%)
Mkt cap ! $549.4M
Open High Low Value Volume
$1.06 $1.06 $1.04 $430.0K 410.3K

Buyers (Bids)

No. Vol. Price($)
1 15000 $1.04
 

Sellers (Offers)

Price($) Vol. No.
$1.07 33243 2
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Last trade - 16.10pm 08/09/2025 (20 minute delay) ?
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