MKH Annual Report 2019

137 M K H B e r h a d NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2019 4. REVENUE (CONT’D) The Group The Company 2019 2018 2019 2018 RM RM RM RM Timing of revenue recognition Point in time 389,373,969 429,499,186 - - Over time 702,660,972 621,352,439 - - 1,092,034,941 1,050,851,625 - - 5. COST OF SALES The Group 2019 2018 RM RM Attributable property development costs 510,596,216 431,829,074 Attributable cost of completed development properties sold 49,567,575 46,067,304 Overprovision of property development costs for completed projects (24,653,375) (502,669) Attributable construction contract costs 3,547,954 4,646,199 Direct operating expenses from investment properties generating rental  income 11,831,599 10,986,928 Cost of goods sold 79,358,292 78,005,902 Cost of non-current assets classified as held for sale - 10,027,550 Cost of sales of crude palm oil and palm kernel 176,312,352 151,754,590 Cost of services 601,131 714,853 807,161,744 733,529,731