Tuesday, October 05, 2010

Highlighted By Peng01: Kencana's Receivables On The Rise

Blogged the other day: Quick Review Of Kencana's Earnings

  • peng01 said...
    Year 2009 receivable/deposit/prepayment = 259,874
    Year 2010 receivable/deposit/prepayment = 593,883

To be more precise here's Kencana's Q3 earnings: Quarterly rpt on consolidated results for the financial period ended 30/4/2010

Here's the latest Q4 earnings balance sheet.

The jump in the receivables is rather glaring, yes?


Why the 'sudden' jump?