Emeco writes down receivable

MINING equipment hirer Emeco has recognised a $22.9 million expense to a specific expected credit loss allowance in its interim financial report for the half-year ended December 31.

Emeco writes down receivable Emeco writes down receivable Emeco writes down receivable Emeco writes down receivable Emeco writes down receivable

Emeco has written down a trade receivable.

Following a review of Emeco's June 2022 annual report and an Australian Securities Exchange announcement on October 14, the Australian Securities and Investments Commission raised concerns about the