DESTINI Annual Report 2019
NOTES TO THE FINANCIAL STATEMENTS Group Maintenance repair, overhaul and training Marine construction Total 2019 RM RM RM Major goods and service Sale of goods 25,870,101 - 25,870,101 Rendering of services 180,033,975 4,270,405 184,304,380 Contract revenue 5,391,483 82,170,845 87,562,328 Total revenue from contracts with customers 211,295,559 86,441,250 297,736,809 Geographical market: Malaysia 157,330,528 58,421,655 215,752,183 Singapore 81,984,626 - 81,984,626 Total revenue from contracts with customers 239,315,154 58,421,655 297,736,809 Timing of revenue recognition: At a point in time 137,171,133 4,270,405 141,441,538 Over time 102,144,021 54,151,250 156,295,271 239,315,154 58,421,655 297,736,809 Group Maintenance repair, overhaul and training Marine construction Total 2018 RM RM RM Major goods and service Sale of goods 23,413,572 - 23,413,572 Rendering of services 187,472,175 596,995 188,069,170 Contract revenue 36,483,820 170,081,000 206,564,820 Total revenue from contracts with customers 247,369,567 170,677,995 418,047,562 Geographical market: Malaysia 173,921,717 170,677,995 344,599,712 Singapore 73,447,850 - 73,447,850 Total revenue from contracts with customers 247,369,567 170,677,995 418,047,562 Timing of revenue recognition: At a point in time 210,885,747 596,995 211,482,742 Over time 36,483,820 170,081,000 206,564,820 247,369,567 170,677,995 418,047,562 32. Revenue (Cont’d) FINANCIAL STATEMENTS 06 ANNUAL REPORT 2019 171
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