| Notes to the financial statements l Note 38 |
|
| 38. |
GOING CONCERN |
| |
During the fourth quarter of the prior financial year, trading in the Group’s operations ceased for a five-week period as
a result of the national lockdown brought about by the Covid-19 pandemic. During this time, the Group incurred losses
as it was unable to trade and profits remained suppressed thereafter as activities resumed incrementally with the
phased relaxation of regulated restrictions. During the final month of the prior financial year, much improved trading
results and profit growth were achieved. The Group has since experienced robust demand for its products and recorded
increased turnover and profitability. To date, the pandemic has not had a materially adverse effect on the collection of
receivable balances due to the Group. No material impairments directly attributable to the pandemic have been
recorded, and the Group remains a going concern. |
| Notes to the financial statements l Note 38 |
|
|