PROTRAC PROPERTY LTD

Executive Summary

Protrac Property Ltd has shown a turnaround from net liabilities to a small net asset position within two years of incorporation, but overall financial strength and liquidity remain minimal. The company’s ability to service debt is limited at this early stage, warranting a conditional credit approval with small exposure and strong monitoring. Close attention should be paid to forthcoming financial results and cash flow developments to ensure business viability and credit risk mitigation.