28. INCOME TAX EXPENSE The Group The Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Current tax: - for the financial year 18,002 53,340 72 7 - (over)/underprovision in the previous financial year (265) (647) (191) * 17,737 52,693 (119) 7 Deferred tax (Note 22): - origination and reversal of temporary differences 22,380 23,751 - - - underprovision in the previous financial year 32 18 - - 22,412 23,769 - - 40,149 76,462 (119) 7 A reconciliation of income tax expense applicable to the profit before taxation at the statutory tax rate to income tax expense at the effective tax rate of the Group and of the Company is as follows:- The Group The Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Profit before taxation 183,748 304,245 355,879 34,310 Tax at the statutory tax rate of 24% (2024 - 24%) 44,100 73,019 85,411 8,234 Tax effects of:- Non-deductible expenses 27,194 4,570 2,011 1,684 Non-taxable income (29,454) (507) (87,350) (9,911) Share of results in associates 4 9 - - Differential in tax rate (1,867) - - - (Over)/Underprovision in the previous financial year: - current tax (265) (647) (191) * - deferred tax 437 18 - - 40,149 76,462 (119) 7 Note:- *- Less than RM1,000. Domestic income tax is calculated at the Malaysian statutory tax rate of 24% (2024 - 24%) of the estimated assessable profit for the financial year. The taxation of other jurisdictions is calculated at the rates prevailing in the respective jurisdiction. 205 Annual Report 2025
RkJQdWJsaXNoZXIy NDgzMzc=