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The biggest impact came from RM14.49 million in impairment losses on trade receivables, reflecting amounts owed by customers that may be difficult to collect. In addition, the company recorded a one-time goodwill impairment of RM1.96 million, further weighing on earnings
Aiyoh, that trade receivables impairment is really hitting them hard, plus the one-time goodwill hit is not helping at all. Hope things can turn around next quarter