Ni Hsin Berhad Annual Report 2018

Group Company Note 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Revenue 15 33,195 39,612 388 740 Cost of sales (25,420) (27,806) - - Gross profit 7,775 11,806 388 740 Other income 6,889 2,552 6,078 1,823 Distribution expenses (945) (982) - - Administrative expenses (11,971) (10,749) (4,648) (874) Results from operating activities 1,748 2,627 1,818 1,689 Finance costs 16 (60) (54) - (52) Finance income 81 20 74 16 Profit before tax 1,769 2,593 1,892 1,653 Tax expense 17 396 (526) (8) (28) Profit for the year 18 2,165 2,067 1,884 1,625 Other comprehensive income/ (expense), net of tax: 19 Revaluation of property – revision of tax rate (763) - - - Items that are or may be reclassified subsequently to profit or loss Foreign currency translation differences for foreign operations (4) 14 - - Available-for-sale financial assets – reclassified to profit or loss - (122) - - Other comprehensive expense for the year, net of tax (767) (108) - - Total comprehensive income for the year 1,398 1,959 1,884 1,625 Profit/(Loss) attributable to: Owners of the Company 2,167 2,085 1,884 1,625 Non-controlling interests (2) (18) - - Profit for the year 2,165 2,067 1,884 1,625 Total comprehensive income/ (expense) attributable to: Owners of the Company 1,400 1,977 1,884 1,625 Non-controlling interests (2) (18) - - Total comprehensive income for the year 1,398 1,959 1,884 1,625 Earnings per ordinary share (sen) Basic 20 0.74 0.95 Diluted 20 0.74 0.85 The notes on pages 49 to 99 are an integral part of these financial statements. Statements of profit or loss and other comprehensive income for the year ended 31 December 2018 Annual Report 2018 43