Wilton Resources Posts Lower Q1 Expenditure

Wilton Resources Corporation Limited (SG:5F7) has released an update.

Wilton Resources Corporation Limited reports expenditure for Q1 2024, including a slight decrease in general working capital costs by 3.1% and a significant reduction in capital expenditures by 56.8%, primarily due to better credit terms with vendors. The company’s actual spending was 21.28% lower than budgeted, reflecting tighter cost management and favorable negotiations.

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