GHL System Berhad Annual Report 2018

G H L S y s t e m S B e r h a d ( 2 9 3 0 4 0 - D ) 70 STAT EMENTS OF PROF I T OR LOSS AND OTHER COMPREHENS I V E I NCOME f o r t h e f i n a n c i a l y e a r e n d e d 3 1 D e c e m b e r 2 0 1 8 The accompanying notes form an integral part of the financial statements. Group Company 2018 2017 2018 2017 Note RM RM RM RM Revenue 5 299,067,216 253,681,218 13,533,183 21,148,952 Cost of sales (172,191,527) (147,955,137) (2,012,923) (8,527,381) Gross profit 126,875,689 105,726,081 11,520,260 12,621,571 Other operating income 10,966,587 10,673,712 37,554,080 7,550,969 Administrative expenses (80,603,012) (56,073,420) (13,168,589) (11,037,284) Distribution expenses (8,596,693) (21,393,543) (1,022,867) (584,453) Other operating expenses (12,440,005) (11,626,082) (22,744,204) (7,934,716) Finance costs (1,914,258) (1,915,226) (45,389) (118,529) Share of (loss)/profit of joint ventures and associate, net of tax (796,615) 18,253 - - Profit before tax 6 33,491,693 25,409,775 12,093,291 497,558 Tax expense 9 (8,908,030) (4,905,157) (180,387) (677,118) Profit/(Loss) for the financial year 24,583,663 20,504,618 11,912,904 (179,560) Other comprehensive income Items that may be reclassified subsequently to profit or loss Foreign currency translations 2,470,283 (3,478,849) - - Reclassification adjustment relating to a subsidiary disposed of during the year 15(f) (6,553) (3,165,518) - - Total other comprehensive income/(loss), net of tax 2,463,730 (6,644,367) - - Total comprehensive income/(loss) 27,047,393 13,860,251 11,912,904 (179,560) Profit/(Loss) attributable to: Owners of the parent 24,542,974 20,451,147 11,912,904 (179,560) Non-controlling interests 40,689 53,471 - - 24,583,663 20,504,618 11,912,904 (179,560) Total comprehensive income/(loss) attributable to: Owners of the parent 27,006,704 13,806,780 11,912,904 (179,560) Non-controlling interests 40,689 53,471 - - 27,047,393 13,860,251 11,912,904 (179,560) Earnings per ordinary share attributable to equity holders of the Company (sen): Basic 10 3.49 3.12 Diluted 10 3.47 3.12