Group Company 2023 2022 2023 2022 Note RM’000 RM’000 RM’000 RM’000 Revenue 32 774,261 651,107 216,422 164,370 Cost of sales (116,943) (153,336) (7,402) (20,086) Gross profit 657,318 497,771 209,020 144,284 Other income 5,004 49,420 8,403 10,627 Administrative expenses (74,601) (72,156) (28,599) (25,336) Other expenses (59,091) (61,990) (22,051) (21,341) Net reversal on impairment of financial assets 33 300 439 - - Profit from operations 528,930 413,484 166,773 108,234 Finance costs 34 (39,959) (9,241) (34,329) (6,534) Share of result of associates (1) - - - Share of result of joint ventures 435 124 - - Profit before tax 35 489,405 404,367 132,444 101,700 Taxation 36 (2,566) (3,965) (152) (1,432) Profit for the financial year 486,839 400,402 132,292 100,268 Other comprehensive income Item that will be reclassified subsequently to profit or loss Exchange differences on translation (704) 14 - - Item that will not be reclassified to profit or loss Changes in fair value of other investments (6,333) - - - (7,037) 14 - - Total comprehensive income for the financial year 479,802 400,416 132,292 100,268 Profit for the financial year attributable to: Owners of the Company 487,648 398,662 132,292 100,268 NCI (809) 1,740 - - 486,839 400,402 132,292 100,268 Total comprehensive income attributable to: Owners of the Company 480,611 398,676 132,292 100,268 NCI (809) 1,740 - - 479,802 400,416 132,292 100,268 Earnings per share Basic earnings per share (sen) 38 6.57 5.39 Diluted earnings per share (sen) 38 6.57 5.39 The accompanying notes form an integral part of the financial statements. STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the Financial Year Ended 31 December 2023 ANNUAL REPORT 2023 p y g g p ANNUAL REPORT 2023 171 q y p FINANCIAL STATEMENTS
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