Revenue surged by 60% but suffered a huge loss of 170 million! Behind the ‘paper prosperity’ of concrete companies is a cash flow nightmare

A performance forecast from Yunmou Construction Investment Concrete Company has left the entire industry in a cold breath: revenue has skyrocketed by 60%, seemingly making a lot of money, but ultimately expected to suffer a huge loss of 169.

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9 million yuan! Behind this wave of ‘magical operations’ lies the most deadly cancer in the concrete industry – bad debt provision, turning the flow of money into a’ life-saving talisman ‘!.

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