ANNUAL REPORT 2025 FINANCIAL STATEMENTS Notes to the Financial Statements (Cont’d) For the Financial Year Ended 31 March 2025 169 37. REVENUE Group Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Sales of goods and services 373,454 368,309 - - Management service fee - - 26,796 25,959 Dividend income from subsidiaries - - 55,000 84,500 373,454 368,309 81,796 110,459 (a) Sales of goods and software solutions Revenue from sales of goods and software solutions is recognised at a point in time when goods have been delivered and accepted by customers. Revenue is measured based on the price specified in the contract, net of trade and the estimated volume discounts based on aggregate sales over a 12-month period. Accumulated experience with the customer’s purchasing pattern is used to estimate and provide for the discounts, using the expected value method. The estimated volume discounts considered is constrained to the extent that it is highly probable that a significant reversal in the amount of cumulative revenue recognised will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The Group provides warranties for any defective goods sold and the related obligation is recognised as a provision. The Group does not provide returns, refunds, or other similar obligations to its customers. No element of significant financing is deemed present as the sales are made with credit terms not exceeding 12 months which are consistent with prevailing market practice. (b) Sales of services Sales of services is recognised over time in the period when services are rendered using straight-line method over the period of service. There is no significant financing component in the selling price as the sales are made on normal credit terms not exceeding 12 months. (c) Management service fee Management service fee is recognised at a point in time upon completion of the service and acceptance by the customers. Details of revenue are disclosed in Note 49 to the financial statements. 38. OTHER INCOME Group Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Interest income on financial assets: - at amortised cost 1,315 988 975 968 Rental income - - 1,490 1,490 Fair value gain on: - short-term investments 2,266 3,042 1,103 985 - other investments 13,275 - 13,275 - Sundries 418 19 5 8 17,274 4,049 16,848 3,451
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