$EWINT (5283.MY)$[Slight][Respect]

阿婷 : company loss money how to pay dividends? I am confused

Let’s Jom 阿婷 : You can pay dividends as long as you have money and earned income. Currently, the company has no net cash debt, and the UK and Australian Joint Ventures owe the company a total of 1,000 milliliters (including profit value), so when Joint Venture pays back the company's money or shares profits, it can pay dividends.

w1n OP Let’s Jom : How you got to know this?

Let’s Jom w1n OP : From the latest quarterly report, it can be seen that the amount due from JOINT VENTURE totaled 876 mils, and this figure was reduced by 29.5 mils in 2024, plus 91 mils of cumulative impairment written in the 2023 Audited Report, adding up the total amount of 997 mils for JOINT VENTURE.

Then, according to the recent quarterly report, Cash and Bank Balance was 273 miles, while total liabilities were only 6 miles.

w1n OP Let’s Jom : Ouh thats great, understood. Will they still give out the dividends next year then?

Let’s Jom w1n OP : It should happen as dividends have been distributed for the past 2 years. It just takes a long time.