Press Metal Aluminium Holdings Berhad SECTION 6 • FINANCIAL STATEMENTS 234 DIRECTORS’ REPORT For the year ended 31 December 2024 The Directors have pleasure in submitting their report and the audited financial statements of the Group and of the Company for the financial year ended 31 December 2024. PRINCIPAL ACTIVITIES The Company is principally engaged in investment holding activities whilst the principal activities of the subsidiaries are as stated in Note 7 to the financial statements. There has been no significant change in the nature of these activities during the financial year. SUBSIDIARIES The details of the Company’s subsidiaries are disclosed in Note 7 to the financial statements. RESULTS Group RM’000 Company RM’000 Profit for the year attributable to: Owners of the Company 1,765,700 617,228 Non-controlling interests 359,010 - 2,124,710 617,228 RESERVES AND PROVISIONS There were no material transfers to or from reserves and provisions during the financial year under review except as disclosed in the financial statements. DIVIDENDS Since the end of the previous financial year, the amount of dividends paid by the Company were as follows: i) In respect of the financial year ended 31 December 2023 as reported in the Directors’ Report of that year, a fourth interim ordinary dividend of 1.75 sen per ordinary share totalling RM144,193,000 declared on 28 February 2024 and paid on 29 March 2024. ii) In respect of the financial year ended 31 December 2024: • a first interim ordinary dividend of 1.75 sen per ordinary share totalling RM144,193,000 declared on 30 May 2024 and paid on 28 June 2024. • a second interim ordinary dividend of 1.75 sen per ordinary share totalling RM144,193,000 declared on 29 August 2024 and paid on 30 September 2024. • a third interim ordinary dividend of 1.75 sen per ordinary share totalling RM144,193,000 declared on 29 November 2024 and paid on 31 December 2024. Subsequent to the end of the current financial year, the Directors declared a fourth interim ordinary dividend of 1.75 sen per ordinary share totalling RM144,193,000 on 26 February 2025 in respect of the financial year ended 31 December 2024, which was paid on 28 March 2025. The Directors do not recommend any final dividend to be paid for the financial year under review.
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