Three months ago Parkson Holdings reported the following set of earnings: Quarterly rpt on consolidated results for the financial period ended 30/6/2008
Net earnings was 50.497 million.
The following was a snap shot of its current assets.
Today Parkson Holdings reported its latest earnings. Quarterly rpt on consolidated results for the financial period ended 30/9/2008
Net earnings improved to 60.162 million.
However, let's take a look at Parkson Holdings current assets.
Receivables has jumped to 451.349 million!
WOW!
Totally unreal!
Let's look at its debts.
3 months ago, Parkson reported it had the following set of debts.
Today, Parkson reported the following.
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2 comments:
hi, i have been a silent reader of your blog. I have some holdings in Parkson. Would like to know what is so unreal about the receivables part? And what about the borrowings? Mind to share more of your view on this? Thanks.
the other receivables wasnt included this round..maybe they lum together already.
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