(Quantar Corridor) Cromforge Enterprises (TRISE:CROM) announced today that is is planning to scrap thousands of units of it massive equipment inventory on all Quantar Stations. “When inventory does not move, it not only has to be stored — it also has to be maintained,” said Cromforge spokesperson Cila Rotup’uh. “It is a huge expense, and one we can no longer sustain. The fact is that we have sold exactly ten Harvesters in the last six months. We have an inventory of more than 1,700. And that’s just a single example.”
The inventory reduction is not expected to have any immediate impact on pilots. It will be reported as a one-time expense in Cromforge’s Quarterly Results, which were already expected to be poor, resulting in a net-profit decline in each of the last six quarters.