Asia Media Annual Report 2018

55 | P a g e ASIA MEDIA GROUP BERHAD (Incorporated in Malaysia) STATEMENTS OF COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 2018 2017 2018 2017 Note RM RM RM RM Continuing operations Revenue 19 13,430,280 15,384,112 - - Cost of sales (10,497,605) (7,683,945) - - Gross profit 2,932,675 7,700,167 - - Other income 1,777,905 2,230,301 1,010 3,167,971 Administrative expenses (10,489,475) (6,804,287) (17,566,838) (1,427,573) Other operating expenses (20,775,671) (63,321) - - Operating (loss)/profit (26,554,566) 3,062,860 (17,565,828) 1,740,398 Finance cost - (52,303) - - (Loss)/Profit before tax 20 (26,554,566) 3,010,557 (17,565,828) 1,740,398 Tax expenses 21 - - - - (Loss)/Profit from continuing operations (26,554,566) 3,010,557 (17,565,828) 1,740,398 Discontinuing operation Loss net of tax from discontinued operation 13 - (786,383) - - (Loss)/Profit for the financial year (26,554,566) 2,224,174 (17,565,828) 1,740,398 Other comprehensive income for the financial year, net of tax - - - - Total comprehensive (deficit)/ income for the financial year (26,554,566) 2,224,174 (17,565,828) 1,740,398 (Loss)/Profit for the financial year attributable to:- Owners of the parent (26,509,633) 2,280,917 (17,565,828) 1,740,398 Non-controlling interests (44,933) (56,743) - - (26,554,566) 2,224,174 (17,565,828) 1,740,398 Group Company