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Exchange Filings

MSTC Ltd: Receivables Locha

Shocking to see that trade receivables exceeds the revenues of the Company

Source: DRHP Filings of MSTC Ltd

2 replies on “MSTC Ltd: Receivables Locha”

You are continuing to do well in this matter. Keep it up.
Moreover, P/L or income statement figures should be stated as “for the year/period ended…” and not “as at…” It does not give an idea of which period these figures are for. I am ‘assuming’ the Sept numbers may be 6 months, and March numbers were for year. But financial statements or DRHP, cannot let the reader to “assume” it should be ‘clear and unambiguous’ as per the objectives of financial reporting/accounting standards.

Recycling business can be the next big thing. If the regulation changes, this will be a multi-bagger.

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