TRESU Q3 2023 Financial Report
Risk factors (continued)
4.2. Risk of managing future growth and expansion
The future growth and expansion of the Group may depend on the Group's ability of introducing new products, expanding sales and entering new markets and/or new sales channels. The ability of the Group to achieve growth will be subject to a
range of factors, including:
1. competing with other companies in markets;
2. exercising effective quality control and maintaining high safety standards;
3. expanding sales network and strengthening existing relationships with customers;
4. enhancing research and development capabilities;
5. attracting, hiring, training and retaining qualified personnel;
6. controlling costs of operations;
7. prioritizing operational, financial and management controls and systems in an efficient and effective manner; and
8. managing various suppliers and leveraging purchasing power.
The Group's growth and expansion plans could strain its managerial, operational and financial resources. The ability to manage future growth and expansion will depend on the Group's ability to continue to implement and improve operational,
financial and management systems on a timely basis and to expand, train, motivate and manage the workforce. The Group cannot provide assurances that its personnel, systems, procedures and controls will be adequate to support future
growth and expansion. Failure to effectively manage the expansion may lead to increased costs and reduced profitability and may materially adversely affect the Group's growth prospects.
Finally, as the Group expands its operations, it may encounter regulatory, cultural and other difficulties that may also increase the costs of operations.
Any of the above could have a material adverse effect on the Group's business, financial condition and results of operations and could result in a loss for each Bondholder of part or all of each Bondholder's investment in the Bonds.
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