Praise Thank You's comment on MBSB. All Comments
Praise Thank You
1 Like · Reply
Profit negative for 20Q1 and 20Q2. Still worth to invest?
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4 years · translate ·
Yuron Long
It is negative because of increased ECL since adopting to new accounting standard.
3 Like · 4 years · translate
Praise Thank You
by adopting a new accounting standard will change the profit to negative?
Like · 4 years · translate
Alan Low
Just a simple question, do you know about impairment loss is what?
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lin jun
Alan Low can I ask When the debtor continue to pay the debt , whether the last quarter impairement will be credit and add on to cash account on this quarter
Like · 4 years · translate
Yuron Long
https://www.mbsb.com.my/financials.html
Like · 4 years · translate
Yuron Long
Accounting for banking and insurance sectors is not as straightforward as manufacturing sector. Loss here is not quite the same thing as loss in a, say food factory account book. (Take note: The Group registered loss before taxation and zakat of RM33.51 million for 2Q20 mainly due to recognition of RM512.61 million modification loss arising from moratorium granted.)
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low ming
lin jun, as my knowledge it will be add on whether in the new quarter or annual report.
2 Like · 4 years · translate
lin jun
Lower and lower
1 Like · 4 years · translate