DESTINI Annual Report 2020

28. Revenue (Cont’d) Group Maintenance repair, overhaul and training Marine construction Total 2020 RM RM RM Major goods and services: Sale of goods 19,368,237 - 19,368,237 Rendering of services 76,491,392 1,663,818 78,155,210 Contract revenue 54,087,492 38,514,636 92,602,128 Total revenue from contracts with customers 149,947,121 40,178,454 190,125,575 Geographical market: Malaysia 105,350,370 40,178,454 145,528,824 Singapore 44,596,751 - 44,596,751 Total revenue from contracts with customers 149,947,121 40,178,454 190,125,575 Timing of revenue recognition: At a point in time 59,728,880 1,663,818 61,392,698 Over time 90,218,241 38,514,636 128,732,877 149,947,121 40,178,454 190,125,575 2019 Major goods and services: Sale of goods 25,870,101 - 25,870,101 Rendering of services 180,033,975 4,270,405 184,304,380 Contract revenue 5,391,483 82,170,845 87,562,328 Total revenue from contracts with customers 211,295,559 86,441,250 297,736,809 Geographical market: Malaysia 157,330,528 58,421,655 215,752,183 Singapore 81,984,626 - 81,984,626 Total revenue from contracts with customers 239,315,154 58,421,655 297,736,809 Timing of revenue recognition: At a point in time 137,171,133 4,270,405 141,441,538 Over time 102,144,021 54,151,250 156,295,271 239,315,154 58,421,655 297,736,809 ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 164