ENRA Group Berhad Annual Report 2022

ENRA Group Berhad | Annual Report 2022 14 MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL PERFORMANCE ENRA’s FYE 2022 total revenue increased by 13.4% (RM7.4 mil) as a result of growth from our Energy Services and Property Development divisions. Though there was an increase in operating expenditure for the year as well as provisions for the impairment of assets and the demobilisation of ENRA SPM’s PCML contract, the Group generated a higher PATAMI primarily as a result of the one-off gain from the divestment of ENRA Kimia. Energy Services REVENUE PATAMI RM55.3 mil RM62.7 mil FYE 2021 FYE 2021 FYE 2022 FYE 2022 (RM6.4 mil) RM7.3 mil mil mil m ENERGY SERVICES RM53.6 mil RM16.4 mil RM4.1 mil Revenue Gross Profit PBT RM60.0 mil RM19.4 mil RM23.0 mil FYE 2021 FYE 2022

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