Cashflow major challenge to profitability for S'pore firms: poll

Singapore

ALMOST one in three companies here say adequate cash flow remains a main challenge to profitability, a survey has found.

The main challenge to profitability in Singapore was "maintaining adequate cashflow", at 31.7 per cent (view infographic), although this was the second lowest response rate of all the Asia-Pacific economies surveyed, said the Atradius Group, a trade insurer company based in Amsterdam, on Thursday. Taiwan felt maintaining adequate cashflow most keenly,, although this was the second lowest response rate of all the Asia-Pacific economies surveyed, said the Atradius Group, a trade insurer company based in Amsterdam, on Thursday. Taiwan felt maintaining adequate cashflow most keenly, at 43.5 per cent.

The Asia survey conducted 1,692 interviews in Australia, China, Hong Kong, India, Indonesia, Japan, Singapore and Taiwan - averaging 200 per economy.…