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31-05-2018, 07:55 PM
FY18 (ended 31Mar18) out last evening...
http://infopub.sgx.com/FileOpen/Fabchem%...eID=507968 [result announcement]
http://infopub.sgx.com/FileOpen/FCC-FY20...eID=507969 [press release]
Revenue (+28.8% YoY) has returned to growth. Despite the RMB15.1m losses, Fabchem managed to produce a positive operating cash flow in FY18 (vs. a negative operating cash flow in FY17). A 3rd automated booster production line is being added with a target for completion by Mar2019.
More interestingly, Fabchem is exploring M&A opportunities within the commercial explosives industry in PRC which is undergoing government-sponsored rationalisation.
http://infopub.sgx.com/FileOpen/Fabchem%...eID=507968 [result announcement]
http://infopub.sgx.com/FileOpen/FCC-FY20...eID=507969 [press release]
Revenue (+28.8% YoY) has returned to growth. Despite the RMB15.1m losses, Fabchem managed to produce a positive operating cash flow in FY18 (vs. a negative operating cash flow in FY17). A 3rd automated booster production line is being added with a target for completion by Mar2019.
More interestingly, Fabchem is exploring M&A opportunities within the commercial explosives industry in PRC which is undergoing government-sponsored rationalisation.