Goodway Integrated Industries announced its annual report. One snippet:
Path to recovery? You would not assume that, looking at the following extracts:
Please note that the left bar represents the latest (2016) numbers. In other words, the revenue numbers show a clear down trend.
More worrysome though are the profit numbers, which look pretty horrendous:
But that is not all, the accounts are qualified by the auditor, a very clear red flag:
Any mentioning of a "recovery" seems therefore rather premature.