277 SECTION 6 FINANCIAL STATEMENTS INTEGRATED ANNUAL REPORT 2025 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 13 TRADE AND OTHER RECEIVABLES (CONTINUED) Credit risk concentration profile The Group determines concentration of credit risk by monitoring the business segment of its trade receivables on an ongoing basis. The credit risk concentration profile of the Group’s trade receivables at the reporting date is as follows: Group 2025 RM’000 2024 RM’000 Energy Services 241,265 448,209 Bioenergy Services 30,548 38,463 Trading - 43,367 Total 271,813 530,039 Concentration of credit risk is low within the Energy Services segment which primarily trade with oil majors. However, the Group considers the risk of default by these oil majors to be minimal given their relative size and financial strength. There is no concentration of credit risk within the Bioenergy Services and Trading as the balances are distributed over a large number of customers. The following table contains an analysis of the credit risk exposure for which expected credit loss is recognised: Gross trade receivables RM’000 Expected credit loss RM’000 Net trade receivables RM’000 2025 Not past due 171,537 (240) 171,297 1 to 30 days overdue 34,510 (5) 34,505 31 to 60 days overdue 12,748 (7) 12,741 61 to 90 days overdue 5,658 (308) 5,350 91 to 180 days overdue 11,705 (1,171) 10,534 181 to 365 days overdue 32,220 (438) 31,782 More than 365 days overdue 23,326 (17,722) 5,604 Total 291,704 (19,891) 271,813
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