A Quick Look At Parkson Holdings Earnings

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.