Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2023 83 STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 The Group The Company 2023 2022 2023 2022 Note RM RM RM RM Revenue 5 500,149,397 517,182,574 64,925,945 26,940,268 Cost of sales (268,274,379) (267,592,120) - - Gross profit 231,875,018 249,590,454 64,925,945 26,940,268 Other income 9,290,325 8,146,902 688,704 807,837 Administrative expenses (61,537,238) (69,159,753) (8,586,939) (10,174,046) Other operating expenses (12,004,295) (12,196,603) (151,084) (84,522) Finance costs 6 (1,050,224) (830,861) - - Net impairment losses on financial assets 7 492,662 (759,650) - - Profit before tax 8 167,066,248 174,790,489 56,876,626 17,489,537 Income tax expense 9 (42,727,148) (39,622,948) (5,732,472) (2,253,154) Profit after tax 124,339,100 135,167,541 51,144,154 15,236,383 Other comprehensive income, net of tax Items that Will Not be Reclassified Subsequently to Profit or Loss Actuarial gain 105,846 1,557,645 - - Items that Will be Reclassified Subsequently to Profit or Loss Foreign currency translation differences 23,040,539 (16,008,540) - - Total comprehensive income for the financial year 147,485,485 120,716,646 51,144,154 15,236,383 Profit after tax attributable to: Owners of the Company 111,950,507 123,291,868 51,144,154 15,236,383 Non-controlling interests 12,388,593 11,875,673 - - 124,339,100 135,167,541 51,144,154 15,236,383 Total comprehensive income attributable to: Owners of the Company 133,672,969 110,082,519 51,144,154 15,236,383 Non-controlling interests 13,812,516 10,634,127 - - 147,485,485 120,716,646 51,144,154 15,236,383 Earnings per ordinary share attributable to owners of the Company Basic (sen) 10 7.12 7.84 Diluted (sen) 10 7.12 7.84 The accompanying Notes form an integral part of these Financial Statements.
RkJQdWJsaXNoZXIy NDgzMzc=