"The PBT of RM1.10 million was 82% lower than the PBT of RM6.03 million in the preceding quarter mainly due to the provision of RM4.50 million on overdue trade receivable accounts in the quarter ended 31 March 2017"
Hi, need some guidances. What is the main component of the trade receivable account? Thought cafe chain transaction is on cash basis? Franchises Fees or loyalty fee?
Stock: [OLDTOWN]: OLDTOWN BHD
2017-05-28 12:20 | Report Abuse
"The PBT of RM1.10 million was 82% lower than the PBT of RM6.03 million in the preceding quarter mainly due to the provision of RM4.50 million on overdue trade receivable accounts in the quarter ended 31 March 2017"
Hi, need some guidances. What is the main component of the trade receivable account? Thought cafe chain transaction is on cash basis? Franchises Fees or loyalty fee?