MKH Annual Report 2018

127 MKH Berhad Annual Report 2018 9. EARNINGS AND NET ASSETS PER SHARE Basic earnings per share The basic earnings per share is calculated by dividing the Group’s profit attributable to owners of the parent by the weighted average number of ordinary shares in issue during the financial year. Basic earnings per share are calculated as follows: The Group 2018 2017 RM RM Profit attributable to owners of the parent 69,446,877 128,206,980 The Group 2018 2017 Number of ordinary shares in issue at beginning of the financial year 562,901,922 419,443,984 E ect of exercise of warrants 19,270,137 5,700,105 E ect of rights and bonus issue - 105,113,048 Weighted average number of ordinary shares in issue 582,172,059 530,257,137 Basic earnings per share (sen) 11.93 24.18 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2018