Datasonic Group Berhad Annual Report 2023

Annual Report 2023 171 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 37. PROFIT BEFORE TAXATION (CONT’D) Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Profit before taxation is arrived at after charging/(crediting) (Cont’d):- Staff costs (Note 35) 52,925 43,265 10,257 9,908 Lease expenses: - Short-term leases 623 820 560 822 - Low-value assets 86 74 24 22 38. INCOME TAX EXPENSE Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Income tax expense: - for the financial year 30,881 2,051 431 234 - under/(over)provision in the previous financial years 108 134 41 (61) 30,989 2,185 472 173 Deferred tax liabilities (Note 27): - for the financial year 622 566 - - - under/(over)provision in the previous financial year 227 (239) - - 849 327 - - 31,838 2,512 472 173 On 6 November 2012, a wholly-owned subsidiary, DSSSB was granted Multimedia Super Corridor status which qualifies for Pioneer Status incentive under the Promotion of Investments Act, 1986 for the period from 18 May 2012 to 17 May 2017 whereby the statutory income from approved activities is exempted from tax. The application for an extension of another five years was approved on 4 April 2018 for the years from 18 May 2017 to 17 May 2022.

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