Frontken Berhad Annual Report 2024

FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 61 The Group The Company 2024 2023 2024 2023 Note RM RM RM RM Revenue 5 569,204,591 500,149,397 51,260,084 64,925,945 Cost of sales (308,141,540) (268,274,379) - - Gross pro t 261,063,051 231,875,018 51,260,084 64,925,945 Other income 18,811,369 9,290,325 1,938,525 688,704 Administrative expenses (66,991,943) (61,537,238) (10,942,418) (8,586,939) Other operating expenses (13,658,147) (12,004,295) (170,450) (151,084) Finance costs 6 (794,591) (1,050,224) - - Net impairment losses on nancial assets 7 - 492,662 - - Profit before tax 8 198,429,739 167,066,248 42,085,741 56,876,626 Income tax expense 9 (47,348,271) (42,727,148) (3,400,210) (5,732,472) Profit after tax 151,081,468 124,339,100 38,685,531 51,144,154 Other comprehensive income, net of tax Items that Will Not be Reclassified Subsequently to Profit or Loss Actuarial gain 195,301 105,846 - - Items that Will be Reclassified Subsequently to Profit or Loss Foreign currency translation differences (52,485,724) 23,040,539 - - Total comprehensive income for the financial year 98,791,045 147,485,485 38,685,531 51,144,154 Profit after tax attributable to: Owners of the Company 136,806,319 111,950,507 38,685,531 51,144,154 Non-controlling interests 14,275,149 12,388,593 - - 151,081,468 124,339,100 38,685,531 51,144,154 Total comprehensive income attributable to: Owners of the Company 88,061,570 133,672,969 38,685,531 51,144,154 Non-controlling interests 10,729,475 13,812,516 - - 98,791,045 147,485,485 38,685,531 51,144,154 Earnings per ordinary share attributable to owners of the Company Basic (sen) 10 8.67 7.12 Diluted (sen) 10 8.60 7.12 STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 The accompanying Notes form an integral part of these Financial Statements.

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