89 GHL SYSTEMS BERHAD 199401007361 (293040-D) ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2021 CONT’D 5. REVENUE (Cont’d) Disaggregation of revenue from contracts with customers Revenue from contracts with customers is disaggregated in the table below by primary geographical market, major products and service lines and timing of revenue recognition. No disaggregation of the revenue from contracts with customers by geographical basis has been presented for the Company as the Company’s activities are carried out predominantly in Malaysia. Group Malaysia Philippines Thailand Others Total 31 December 2021 RM RM RM RM RM Major product and service line Sales of value-added solutions 116,431,711 48,102,498 6,266,246 1,414,533 172,214,988 Sales of goods 30,151,506 63,208 4,930,086 - 35,144,800 Sales of prepaid airtime top-ups 102,406,149 - - - 102,406,149 Total revenue from external customers 248,989,366 48,165,706 11,196,332 1,414,533 309,765,937 Timing of revenue recognition Transferred over time 19,571,426 - - - 19,571,426 Transferred at a point in time 229,417,940 48,165,706 11,196,332 1,414,533 290,194,511 Revenue from external customers 248,989,366 48,165,706 11,196,332 1,414,533 309,765,937
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