Integrated Annual Report 2024

165 ANNUAL REPORT 2024 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 (cont’d) 24. REVENUE The Group The Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Revenue from Contracts with Customers Recognised over time Rendering of offshore support services 687,152 430,451 - - Revenue from Other Source Dividend income: - ordinary shares - - 40,592 43,000 - CRCPS - - 298 450 687,152 430,451 40,890 43,450 (a) The information about the performance obligations in contracts with customers is as below:- Rendering of offshore support services Revenue from providing services is recognised over time in the period in which the services are rendered. Customers are invoiced on a monthly basis and consideration is payable when invoiced. (b) The information of the revenue from other source is as summarised below:- Dividend Income Dividend income is recognised when the right to receive dividend payment is established.

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