Datasonic Group Berhad Annual Report 2019

Chairman’s Statement (Cont’d) Dear Shareholders, On behalf of the Board of Directors, it givesme great pleasure to present to you the Annual Report of Datasonic Group Berhad (“Datasonic” or “The Group”) for the financial year ended 31 March 2019 (“FY19”). OUR RESULTS Our financial results for the current financial year fared below expectations as our revenue fell 15.1% to RM219.559 million, compared with RM258.601 million in the financial year ended 31 March 2018 (“FY18”), due mainly to much lower deliveries of theMyKad stemming from lesser replacements from the public, as the quality of both our chips and raw cards supplied were of higher quality and standards. Accordingly, the Group posted a 45.7% decline in profit after taxation (“PAT”) to RM36.435 million in FY19 fromRM67.121 million a year ago, mainly because of lower revenues in the current year. DIVIDEND IN RESPECT OF FY19 Declared on Description* Dividend per share Dividend declared Paid on 24.08.2018 1 st Interim 1.0 sen RM13.500mil 23.11.2018 10.12.2018 2 nd Interim 0.5 sen RM6.750mil 08.01.2019 28.02.2019 3 rd Interim 0.5 sen RM6.750mil 27.05.2019 31.05.2019 4 th Interim 0.5 sen RM6.750mil TBD Total 2.5 sen RM33.750mil * single-tier tax exempt dividends TBD: To be determined OUR STRATEGY In order to continue surpassing the demands of our clientele, and meet their future expectations in a timely manner, we continuously commit to improve the quality of our products and services. The Board has initiated various strategic initiatives to empower digital transformation, as well as, create innovative and unique ICT solutions, so as to fulfill future demand for our ever-evolving solutions, expand the Group’s current business portfolio, enhance the competitive edge and maximise long-term shareholder returns. Revenue FY19 219.559 219.559 172.067 172.067 40.474 40.474 36.435 36.435 FY18 258.601 258.601 185.660 185.660 70.341 70.341 67.121 67.121 0 100 200 300 400 500 RM 'mil OPEX PBT PAT DATASONIC GROUP BERHAD (Company No. 809759-X) ANNUAL REPORT 2019 19