NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 258 WE ARE KENANGA LEADERSHIP MESSAGE VALUE CREATION MODEL KENANGA INVESTMENT BANK BERHAD ANNUAL REPORT 2023 42. BASIC AND DILUTED EARNINGS PER SHARE Basic and diluted earnings per share amounts are calculated by dividing profit for the financial year attributable to equity holders of the Bank by the weighted average number of ordinary shares in issue during the financial year. Group 2023 2022 Profit for the financial year attributable to equity holders of the Bank (RM’000) 72,641 54,511 Weighted average number of ordinary shares in issue excluding treasury shares (‘000) 723,291 726,672 Effects of dilution (‘000) 2,089 4,406 Adjusted weighted average number of ordinary shares in issue (‘000) 725,380 731,078 Earnings per share (sen) - basic 10.04 7.50 - fully diluted 10.01 7.46 There were no potential dilutive ordinary shares outstanding as at 31 December 2023.
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