Ni Hsin Berhad Annual Report 2017

Group Company Note 2017 2016 2017 2016 RM’000 RM’000 RM’000 RM’000 Revenue 15 39,612 37,817 740 2,580 Cost of sales (27,806) (27,383) - - Gross profit 11,806 10,434 740 2,580 Other income 2,552 776 1,823 - Distribution expenses (982) (836) - - Administrative expenses (10,749) (14,891) (874) (6,518) Results from operating activities 2,627 (4,517) 1,689 (3,938) Finance costs 16 (54) (49) (52) - Finance income 20 6 16 5 Profit/(Loss) before tax 2,593 (4,560) 1,653 (3,933) Tax expense 18 (526) (459) (28) (93) Profit/(Loss) for the year 19 2,067 (5,019) 1,625 (4,026) Other comprehensive income/ (expense), net of tax: 20 Items that will not be reclassified subsequently to profit or loss Revaluation of property, plant and equipment - 17,149 - - Items that are or may be reclassified subsequently to profit or loss Foreign currency translation differences for foreign operations 14 31 - - Available-for-sale financial assets – reclassified to profit or loss (122) - - - Other comprehensive (expense)/ income for the year, net of tax (108) 17,180 - - Total comprehensive income/ (expense) for the year 1,959 12,161 1,625 (4,026) Profit/(Loss) attributable to: Owners of the Company 2,085 (4,914) 1,625 (4,026 Non-controlling interests (18) (105) - - Profit/(Loss) for the year 2,067 (5,019) 1,625 (4,026) Total comprehensive income/ (expense) attributable to: Owners of the Company 1,977 12,266 1,625 (4,026) Non-controlling interests (18) (105) - - Total comprehensive income/ (expense) for the year 1,959 12,161 1,625 (4,026) Earnings/(Loss) per ordinary share (sen) Basic 21 0.95 (2.25) Diluted 21 0.85 (1.93) The notes on pages 49 to 91 are an integral part of these financial statements. Statements of profit or loss and other comprehensive income for the year ended 31 December 2017 Annual Report 2017 43