My EG Services Berhad Annual Report 2024

257 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʧ (cont’d) 45. FINANCIAL INSTRUMENTS (CONT’D) (b) Financial risk management objectives and policies (cont’d) (iii) Market risk (cont’d) (a) Foreign currency risk (cont’d) Foreign currency sensitivity analysis The following table demonstrates the sensitivity of the Group’s and of the Company’s profit before tax for the financial year to reasonably possible change in the AUD, USD, SGD, PHP, IDR and CNY exchange rates against RM, which all other variables held constant. 2024 2023 RM’000 RM’000 Group Effects on profit after tax: AUD/RM Strengthened by 1% (2023: 1%) (1,093) (668) Weakened by 1% (2023: 1%) 1,093 668 USD/RM Strengthened by 1% (2023: 1%) 607 (183) Weakened by 1% (2023: 1%) (607) 183 SGD/RM Strengthened by 1% (2023: 1%) # # Weakened by 1% (2023: 1%) (#) (#) PHP/RM Strengthened by 1% (2023: 1%) 25 25 Weakened by 1% (2023: 1%) (25) (25) IDR/RM Strengthened by 1% (2023: 1%) # (#) Weakened by 1% (2023: 1%) (#) # CNY/RM Strengthened by 1% (2023: 1%) - # Weakened by 1% (2023: 1%) - (#)

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