Kimlun Corporation Berhad Annual Report 2017

Annual Report 2017 91 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 (cont’d) 11. Earnings per share (a) Basic earnings per share Basic earnings per share amounts are calculated by dividing profit attributable to owners of the Company by the weighted average number of ordinary shares in issue during the financial year. The following reflect the profit and share data used in the computation of basic earnings per share for the years ended 31 December: Group 2017 2016 Profit net of tax attributable to owners of the Company (RM) 68,483,747 81,920,837 Weighted average number of ordinary shares in issue 314,115,644 306,045,722 Basic earnings per share (sen) 21.80 26.77 (b) Diluted earnings per share Diluted earnings per share amounts are calculated by dividing profit attributable to owners of the Company by the weighted average number of ordinary shares in issue during the financial year plus the weighted average number of ordinary shares that would be issued on the conversion of all dilutive potential ordinary shares from exercise of the warrants. Dilutive potential ordinary shares are deemed to have been converted at the beginning of the financial year or, if later, the date of the issue of the potential ordinary shares. The following reflect the profit and share data used in the computation of diluted earnings per share for the years ended 31 December: Group 2017 2016 Profit net of tax attributable to owners of the Company (RM) 68,483,747 81,920,837 Weighted average number of ordinary shares in issue 314,115,644 306,045,722 Effect of dilution of potential exercise of warrants 14,986,679 5,817,339 329,102,323 311,863,061 Diluted earnings per share (sen) 20.81 26.27