Oboya risks impairment charges for bad debts of SEK 53 million
Oboya Horticulture Industries AB has updated the Group´s assessment of current receivables in China. Due to that the Group identified the risk of a write-down of SEK 53 million. Such a write-down would have no connection to COVID-19, where the Group maintains its position that the COVID-19 effects will give a neutral to positive profitability effect for the full year 2020.Oboya faces the risk of needing a write-down of short-term receivables with a total of SEK 53 million, which in that case will be charged on Q2, 2020. Of these receivables, SEK 14 million dates to 2015, SEK 17 million to