FY12 4.5 FY13 23.6 FY15* 27.0 FY16 40.5 FY17 Dividend per Share (sen) *changed FYE from 31 December to 31 March. Dividend (RM mln) 54.0 FY18 54.0 FY19 33.8 FY20 40.5 FY21 21.2 FY22 5.0 9.5 2.0 3.0 4.0 4.0 2.5 3.0 1.1 0.6 17.2 Datasonic Group Berhad 26 Management Discussion & Analysis to improved operational efficiency attained especially in the 4QFY2022. GP margin continued to be healthy at 53.9% in FY2022 as compared to 52.0% in FY2021. Net Profit In the financial year under review, Datasonic delivered a net profit of RM10.2 million up from RM7.3 million in FY2021. The larger-than-proportionate increase was chiefly driven by higher operational efficiencies, other income and lower finance costs. Capital Structure and Capital Resources Datasonic’s healthy and strong balance sheet continued to play a crucial part as we manoeuvre through the strenuous environment arising from the pandemic. As of end-FY2022, our total assets stood at RM400.8 million, an increase of RM80.2 million or 25.1% YoY from RM320.5 million a year ago. The primary reason behind this was due to higher cash and cash equivalents. Our total cash holdings rose to RM114.7 million as at 31 March 2022 from RM42.2 million a year ago, which mainly stemmed from the proceeds raised from the private placement exercise completed in the early part of the financial year under review. The additional fund raised has further improved our financial cashflow position to support our existing and new projects requirement and our competitiveness in tender requirement and processes, which enable us to participate in more projects to further strengthen our portfolio and revenue stream. On the other hand, Datasonic’s total liabilities as of FY2022 reduced significantly to RM58.3 million from RM94.2 million a year ago. The reduction was largely due to the paring down of borrowings in the financial year under review. Total borrowings as at 31 March 2022 stood at RM32.7 million, which was a reduction of RM27.2 million from RM59.9 million in the previous year. Net Gearing and Cash Per Share Following the increase in total cash holdings and decrease in total As at 31 March 2022 RM400.8 million Total Asset 11.9 sen per Share Net Assets RM342.5 million Total Equity 4.0 sen Cash per Share Net Cash Position borrowings, Datasonic is in a net cash position as of 31 March 2022 with cash per share of 4.0 sen. DIVIDENDS At Datasonic, we strive to maintain a stable stream of dividends as part of our continuous efforts to reward our shareholders for their unwavering support while at the same time preserve adequate reserves for our future growth. We have been consistently rewarding our shareholders with dividend every year since our listing in 2012. For the financial year under review, the Board had declared and paid four (4) interim dividends totalling to 0.6 sen per ordinary share, which amounted to RM17.2 million. This translated to a dividend payout ratio of 168.6% based on FY2022 net profit. Dividend Payout Every Year Since Our Listing In 2012
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