MKH Annual Report 2023

MKH BERHAD | ANNUAL REPORT 2023 209 16. INVESTMENT IN ASSOCIATES (CONT’D) The following table summarises the information of the Group’s material associate, adjusted for any differences in accounting policies and reconciles the information to the carrying amount of the Group’s interest in the associate. The Group RMSB PHMMSB DHSB SMMSB RM RM RM RM 2023 Non-current assets 51 52,930 2,430,022 - Current assets 3,792,830 134,381,973 159,395,219 802,713 Non-current liabilities - - (147,496,994) - Current liabilities (36,468) (114,068,982) (10,188,230) (658,188) Net assets 3,756,413 20,365,921 4,140,017 144,525 Results Revenue - 154,952,314 7,776,060 734,822 Profit/(Loss) for the financial year 39,290 8,202,726 (1,915,824) 48,719 Total comprehensive income/ (loss) for the financial year 39,290 8,202,726 (1,915,824) 48,719 2022 Non-current assets 51 48,047 79,812 - Current assets 11,845,451 159,575,419 135,681,406 101,514 Non-current liabilities - - (111,815,724) - Current liabilities (128,376) (147,460,275) (5,307,304) (5,707) Net assets 11,717,126 12,163,191 18,638,190 95,807 Results Revenue - 202,791,710 1,715,206 1,514 Profit/(Loss) for the financial year 225,195 6,533,265 (4,750,524) (4,193) Total comprehensive income/ (loss) for the financial year 225,195 6,533,265 (4,750,524) (4,193) NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023

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