200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 19. Inventories 2024 2023 RM RM Cost: Raw materials 21,553,351 20,208,738 Finished goods 30,549,365 27,872,652 Completed properties 11,724,865 1,703,780 63,827,581 49,785,170 Net realisable value: Finished goods 7,731,167 9,968,046 Completed properties 7,108,286 - 78,667,034 59,753,216 20. Trade and other receivables 2024 2023 2024 2023 RM RM RM RM Current Trade receivables Third parties 513,696,738 386,770,887 - - Amount due from joint venture - 11,201,846 - - Amounts due from companies related to certain directors 5,401,482 3,737,009 - - 519,098,220 401,709,742 - - Less: Allowance for impairment - Third parties (860,424) (18,937,447) - - Trade receivables, net 518,237,796 382,772,295 - - Group Group Company In the previous financial year, certain completed properties with an aggregate carrying amount of RM1,411,009 were charged for bank borrowings as referred to in Note 23. During the financial year, the amount of inventories recognised as an expense in cost of sales of the Group was RM220,957,042 (2023: RM210,599,508). - 64 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 156
RkJQdWJsaXNoZXIy NDgzMzc=