Its unfortunate that the company was not able to get the new plant commissioned as per the prospectus , that has cost in terms of market perception. The delay whilst not serious and not the fault of the company has had an effect of delaying the projected cash flow , further into the year.
With the new contracts , and opportunities for further market share , the company has never been in better shape.
News: CG1 Carbonxt Group Remains On Track To Reach Profitability In 1H FY19, page-3
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