Epicentre says group does not have any going concern issues

SINGAPORE (Oct 16): Epicentre Holdings, the retailer of Apple products, says the company and the group do not have any going concern issues and are able to continue to operate.

In addition, Epicentre says the group is in a positive working capital position, is generating positive cashflow and has sufficient working capital for the next 12 months.

The Friday announcement was made in reference to a Oct 9 independent auditor’s report issued in respect of the company’s financial statements for the financial year ended June 30.

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