| Schedule of Trade Receivables |
| | |
As of | | |
As of | |
| | |
December 31, | | |
December 31, | |
| | |
2023 | | |
2024 | |
| | |
MYR | | |
MYR | | |
USD | |
| Receivables from farm solutions sales | |
| | | |
| | | |
| | |
| - from third parties | |
| 8,412,500 | | |
| 19,234,500 | | |
| 4,303,502 | |
| - from related parties | |
| 4,000,001 | | |
| 1,100,000 | | |
| 246,113 | |
| Receivables from vegetable sales | |
| | | |
| | | |
| | |
| - from third parties | |
| 787,521 | | |
| 16,693,373 | | |
| 3,734,953 | |
| - from related parties | |
| 2,041,690 | | |
| 32,841 | | |
| 7,348 | |
| Total trade receivables, gross | |
| 15,241,712 | | |
| 37,060,714 | | |
| 8,291,916 | |
| Less: loss allowances for expected credit loss | |
| (82,597 | ) | |
| (743,860 | ) | |
| (166,430 | ) |
| Total trade receivables, net | |
| 15,159,115 | | |
| 36,316,854 | | |
| 8,125,486 | |
|
| Schedule of Trade Receivables Based on Revenue Recognition |
Aging analysis of gross trade receivables, based
on the date of revenue recognition, as of December 31, 2023 and 2024 are as follows:
| | |
As of | | |
As of | |
| | |
December 31, | | |
December 31, | |
| | |
2023 | | |
2024 | |
| | |
MYR | | |
MYR | | |
USD | |
| Within 3 months | |
| 13,191,314 | | |
| 30,278,889 | | |
| 6,774,559 | |
| More than 3 months but within 6 months | |
| 808,830 | | |
| 3,010,069 | | |
| 673,469 | |
| More than 6 months but within 1 year | |
| 950,796 | | |
| 2,470,419 | | |
| 552,728 | |
| More than 1 year | |
| 290,772 | | |
| 1,301,337 | | |
| 291,160 | |
| Total trade receivables, gross | |
| 15,241,712 | | |
| 37,060,714 | | |
| 8,291,916 | |
|