110 DATASONIC GROUP BERHAD FINANCIAL STATEMENT 06 The directors hereby submit their report and the audited financial statements of the Group and of the Company for the financial year ended 31 March 2023. PRINCIPAL ACTIVITIES The Company is principally engaged in the businesses of investment holding and provision of management services to its subsidiaries. The principal activities of the subsidiaries are set out in Note 7 to the financial statements. There have been no significant changes in the nature of these activities during the financial year. RESULTS Group RM’000 Company RM’000 Profit after taxation for the financial year 76,345 48,979 Attributable to:- Owners of the Company 76,367 48,979 Non-controlling interests (22) - 76,345 48,979 DIVIDENDS The amount of dividends declared or paid by the Company since 31 March 2022 were as follows:- RM’000 In respect of the financial year ended 31 March 2022: - Fourth interim single tier tax-exempt dividend of 0.25 sen per share, declared on 31 May 2022 and paid on 1 July 2022 7,161 In respect of the financial year ended 31 March 2023: - First interim single tier tax-exempt dividend of 0.25 sen per share, declared on 30 August 2022 and paid on 28 October 2022 7,138 - Second interim single tier tax-exempt dividend of 0.50 sen per share, declared on 30 November 2022 and paid on 29 December 2022 14,163 - Third interim single tier tax-exempt dividend of 0.50 sen per share, declared on 27 February 2023 and paid on 23 March 2023 14,163 42,625 In respect of the financial year ended 31 March 2023, the Directors had on 26 May 2023 declared a fourth interim single tier tax-exempt dividend of 0.75 sen per share, the Entitlement Date will be determined and announced in due course. This dividend has not been reflected in the financial statements for the current financial year but it will be accounted for in shareholders’ equity as an appropriation of retained profits for the financial year ending 31 March 2024. The Directors do not recommend the payment of any final dividend for the financial year ended 31 March 2023. RESERVES AND PROVISIONS There were no material transfers to or from reserves or provisions during the financial year other than those disclosed in the financial statements. DIRECTORS’ Report
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