My EG Services Berhad Annual Report 2019

MY E.G. SERVICES BERHAD [Registration No. 200001003034 (505639-K)] 104 The Group The Company 1.10.2018 to 31.12.2019 1.7.2017 to 30.9.2018 1.10.2018 to 31.12.2019 1.7.2017 to 30.9.2018 Note RM’000 RM’000 RM’000 RM’000 REVENUE 38 593,578 562,270 310,829 312,364 COST OF SALES (161,477) (149,312) (11,012) (10,432) GROSS PROFIT 432,101 412,958 299,817 301,932 OTHER INCOME 15,327 6,586 27,082 7,990 447,428 419,544 326,899 309,922 ADMINISTRATIVE EXPENSES (92,919) (77,811) (33,715) (34,817) OTHER EXPENSES (35,247) (108,631) (16,776) (88,895) FINANCE COSTS (8,762) (7,912) (8,054) (7,167) NET IMPAIRMENT LOSSES ON FINANCIAL ASSETS 39 (1,016) (95,997) - (72,750) SHARE OF NET LOSS ON EQUITY ACCOUNTED ASSOCIATES (1,147) # - - SHARE OF NET LOSS ON EQUITY ACCOUNTED JOINT VENTURES (1,398) (720) - - PROFIT BEFORE TAXATION 40 306,939 128,473 268,354 106,293 INCOME TAX EXPENSE 41 (4,783) (2,503) (2,469) (84) PROFIT AFTER TAXATION 302,156 125,970 265,885 106,209 # represents an amount less than RM1,000 STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 The annexed notes form an integral part of these financial statements.