KPAY pick of the week $ new shipment tomorrow $$$
Post# of 102935
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Posted On: 05/24/2021 7:24:43 AM
KPAY pick of the week $ new shipment tomorrow $$$
Subsequently, as previously mentioned on the press release, the Company is now planning to load another vessel of steam coal to China, Zhejiang port. However due to the week-long holiday, the Company has requested the loading commencement schedule to be postponed to until May 25th 2021. The Company is confident that the business of coal shipment will continue to be the main revenue stream as the demand for coal in China is increasing rapidly. With the first business cycle completed, the Company is looking forward to a very profitable and sustainable business with China.
The Company has started the loading the first of seven barges, all of which will take up to two weeks to complete. Upon completion of loading the first vessel, the Company shall be able to claim payment from the buyer by submitting all shipping documents to the Bank.
Mr. Edwin Ng, CEO of KinerjaPay Corp said, "Despite the slight delay in the arrival of the Mother Vessel, we are now on schedule for monthly deliveries to our buyer. We anticipate revenues over the next 12 months to be in excess of $100 million with profits of excess of $12 million. We continue to seek out other buyers for the Indonesian coal as well. We are excited to have this business get off the ground."
Subsequently, as previously mentioned on the press release, the Company is now planning to load another vessel of steam coal to China, Zhejiang port. However due to the week-long holiday, the Company has requested the loading commencement schedule to be postponed to until May 25th 2021. The Company is confident that the business of coal shipment will continue to be the main revenue stream as the demand for coal in China is increasing rapidly. With the first business cycle completed, the Company is looking forward to a very profitable and sustainable business with China.
The Company has started the loading the first of seven barges, all of which will take up to two weeks to complete. Upon completion of loading the first vessel, the Company shall be able to claim payment from the buyer by submitting all shipping documents to the Bank.
Mr. Edwin Ng, CEO of KinerjaPay Corp said, "Despite the slight delay in the arrival of the Mother Vessel, we are now on schedule for monthly deliveries to our buyer. We anticipate revenues over the next 12 months to be in excess of $100 million with profits of excess of $12 million. We continue to seek out other buyers for the Indonesian coal as well. We are excited to have this business get off the ground."
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