GHL System Berhad Annual Report 2018

a n n u a l r e p o r t 2 0 1 8 89 NOT ES TO THE F I NANC I A L STAT EMENTS 3 1 D e c e m b e r 2 0 1 8 C O N T ’ D 10. EARNINGS PER SHARE (a) Basic Basic earnings per ordinary share for the financial year is calculated by dividing the profit for the financial year attributable to equity holders of the parent by the weighted average number of ordinary shares outstanding (excluding treasury shares) during the financial year. Group 2018 2017 RM RM Profit for the financial year attributable to equity holders of the parent (RM) 24,542,974 20,451,147 Weighted average number of ordinary shares in issue 703,160,497 656,463,075 Basic earnings per ordinary share (sen) 3.49 3.12 (b) Diluted Diluted earnings per ordinary share for the financial year is calculated by dividing the profit for the financial year attributable to equity holders of the parent by the weighted average number of ordinary shares outstanding (excluding treasury shares) during the financial year adjusted for the effects of dilutive potential ordinary shares. Group 2018 2017 Profit for the financial year attributable to equity holders of the parent (RM) 24,542,974 20,451,147 Weighted average number of ordinary shares in issue applicable to basic earnings per ordinary share 703,160,497 656,463,075 Effect of dilution: - ESS 4,086,124 - Adjusted weighted average number of ordinary shares applicable to diluted earnings per ordinary share 707,246,621 656,463,075 Diluted earnings per ordinary share (sen) 3.47 3.12 11. DIVIDENDS Company 2018 2017 Dividend per share Amount of dividend Dividend per share Amount of dividend sen RM sen RM In respect of financial year ended 31 December 2016: Interim dividend paid on 20 February 2017 - - 0.005 3,266,537 The Directors do not recommend any payment of final dividend in respect of the financial year ended 31 December 2018.