GEONG International big cash trouble in little China!
Its disappointing to note an apparent stagnation in the business with total revenues for the period marginally lower than in the same period last year at approximately £7.6m, although we do appreciate a changing business mix. As we have commented before, given the other cash flow issues surrounding little Geong we would question the logic of UK investors investing in a China based businesses other than for exceptional top line growth we could offer…
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