$WCT

Why Wct is falling so badly?

💢💢💢1-High Debt Levels✨✨ and Weak Financial Performance✨✨: ✅ ✅✅

WCT carried a substantial debt load of RM3.15 billion, with net debt amounting to RM2.72 billion after accounting for cash reserves. ‼️‼️

This debt level surpasses the company's market capitalization of RM1.26 billion, raising concerns about its financial stability. Additionally,👍🏻👍🏻

WCT reported a loss before interest and tax (EBIT) of RM152 million over the past year, with revenues declining by 6.0% to RM1.8 billion.