GHL System Berhad Annual Report 2017

ANNUAL REPORT 2017 67 Group Company 2017 2016 2017 2016 Note RM RM RM RM Revenue 5 253,681,218 245,923,356 21,148,952 14,836,953 Cost of sales (147,955,137) (150,613,024) (8,527,381) (3,766,117) Gross profit 105,726,081 95,310,332 12,621,571 11,070,836 Other operating income 10,673,712 7,313,361 7,550,969 9,568,104 Administrative expenses (56,073,420) (43,689,557) (11,037,284) (8,729,526) Distribution expenses (21,393,543) (21,692,747) (584,453) (545,082) Other operating expenses (11,626,082) (10,264,711) (7,934,716) (7,163,719) Finance costs (1,915,226) (2,071,227) (118,529) (72,874) Share of profit/(loss) of joint ventures, net of tax 18,253 (142,889) - - Profit before tax 6 25,409,775 24,762,562 497,558 4,127,739 Tax expense 8 (4,905,157) (6,604,922) (677,118) (300,032) Profit/(Loss) for the financial year 20,504,618 18,157,640 (179,560) 3,827,707 Other comprehensive income Items that may be reclassified subsequently to profit or loss Foreign currency translations (3,478,849) 1,678,276 - - Reclassification adjustment relating to a subsidiary disposed of during the year 14(e) (3,165,518) - - - Total other comprehensive (loss)/income, net of tax (6,644,367) 1,678,276 - - Total comprehensive income/(loss) 13,860,251 19,835,916 (179,560) 3,827,707 Profit/(Loss) attributable to: Owners of the parent 20,451,147 18,123,661 (179,560) 3,827,707 Non-controlling interests 53,471 33,979 - - 20,504,618 18,157,640 (179,560) 3,827,707 Total comprehensive income/(loss) attributable to: Owners of the parent 13,806,780 19,801,937 (179,560) 3,827,707 Non-controlling interests 53,471 33,979 - - 13,860,251 19,835,916 (179,560) 3,827,707 Earnings per ordinary share attributable to equity holders of the Company (sen): Basic 9 3.12 2.79 Diluted 9 3.12 2.78 STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME for the financial year ended 31 December 2017 The accompanying notes form an integral part of the financial statements.