M/J 2019 SmartWear

It doesn't say 'lower': "Therefore, the current business model exposes the company to volatility in the relative movement of exchange rates which could POTENTIALLY result in higher costs, consume excess cash and reduce corporate profitability. As a listed company in Noria, SmartWear will have to prepare its financial statements in the Norian currency. This requires the value of assets and liabilities held in each operating country to be translated to the Norian currency, again POSSIBLY negatively impacting on declared profit.