MKH Annual Report 2020

89 MKH BERHAD Note The Group The Company 2020 RM 2019 RM 2020 RM 2019 RM Revenue 4 911,925,743 1,121,656,628 51,012,000 30,903,675 Cost of sales 5 (600,057,995) (807,161,744) - - Gross profit 311,867,748 314,494,884 51,012,000 30,903,675 Other income 23,282,527 37,338,444 19,754,321 30,844,155 Sales and marketing expenses (16,556,202) (34,653,975) - - Administrative expenses (95,033,050) (92,618,557) (1,671,044) (1,755,140) Other expenses (51,582,61 1 ) (24,912,857) (2,768,297) (559,127) Profit from operations 171,978,412 199,647,939 66,326,980 59,433,563 Finance costs (50,389,033) (40,389,950) (7,505,756) (7,192,376) Share of results of associates 16 (5,113,693) (885,173) - - Profit before tax 6 116,475,686 158,372,816 58,821,224 52,241,187 Tax expense 8 (50,208,914) (60,896,047) (4,089,006) (4,388,178) Profit for the financial year 66,266,772 97,476,769 54,732,218 47,853,009 Other comprehensive income/  (loss) Items that will not be reclassified subsequently to profit or loss: Remeasurement (losses)/gains on defined benefit plans 29 (144,860) 4,090,635 - - Revaluation surplus of land and buildings 4,973,395 - 67,045 - Income tax relating to components of other comprehensive loss/ (income) 8 54,686 (997,750) - - Income tax relating to surplus arising from revaluation of land and buildings 8 (896,603) - (15,932) - 3,986,618 3,092,885 51,113 - Statements of Profit or Loss and Other Comprehensive Income FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2020