MKH BERHAD | ANNUAL REPORT 2023 131 The Group The Company 2023 2022 2023 2022 Note RM RM RM RM Revenue 4 1,063,795,527 968,126,254 104,684,000 90,304,250 Cost of sales 5 (819,123,742) (673,148,029) - - Gross profit 244,671,785 294,978,225 104,684,000 90,304,250 Other income 24,453,665 26,192,321 2,511,439 7,483,728 Sales and marketing expenses (18,565,478) (17,917,071) - - Administrative expenses (97,738,239) (91,232,425) (1,855,906) (2,094,157) Other expenses (15,037,808) (16,777,009) (129,100) (6,105,497) Profit from operations 137,783,925 195,244,041 105,210,433 89,588,324 Finance costs (23,881,254) (25,390,488) (6,126,688) (5,326,784) Share of results of associates 16 3,294,558 1,400,373 - - Profit before tax 6 117,197,229 171,253,926 99,083,745 84,261,540 Tax expense 8 (35,918,756) (42,506,737) (229,269) (1,625,076) Profit for the financial year 81,278,473 128,747,189 98,854,476 82,636,464 Other comprehensive income/ (loss) Items that will not be reclassified subsequently to profit or loss: Remeasurement (loss)/gains on defined benefit plans 30 (272,040) 1,357,259 - - Income tax relating to components of other comprehensive income 8 61,583 (298,597) - - (210,457) 1,058,662 - - Items that may be reclassified subsequently to profit or loss: Foreign currency translation differences 1,746,123 8,652,931 - - Total comprehensive income for the financial year 82,814,139 138,458,782 98,854,476 82,636,464 STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
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