Registration No. 200301030845 (633265-K) - 19 - DESTINI BERHAD (Incorporated in Malaysia) STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 2022 2021 2022 2021 Note RM RM RM RM Revenue 28 186,170,079 173,865,949 - - Cost of sales (127,455,213) (112,845,682) - - Gross profit 58,714,866 61,020,267 - - Other income 8,577,920 20,507,117 1,433,572 255,071 Administrative expenses (72,335,657) (69,300,920) (15,157,807) (11,063,354) Net impairment losses on receivables (25,468,256) (1,871,641) (1,618,605) (402,617) Net impairment losses on intangible assets, property, plant and equipment, and other assets (934,185) 177,338 (161,364,336) - Finance costs 29 (1,711,768) (5,267,532) (1,140,389) (915,648) (Loss)/Profit before tax 30 (33,157,080) 5,264,629 (177,847,565) (12,126,548) Taxation 31 326,869 (2,800,124) 341,969 (928,577) (Loss)/Profit for the financial year (32,830,211) 2,464,505 (177,505,596) (13,055,125) Other comprehensive loss: Items that are or may be reclassified subsequently to profit or loss Exchange translation differences for foreign operations (3,496,320) (85,085) - - Other comprehensive loss for the financial year (3,496,320) (85,085) - - Total comprehensive (loss)/ income for the financial year (36,326,531) 2,379,420 (177,505,596) (13,055,125) Company Group Statement of Profit or Loss and Other Comprehensive Income For the Financial Year Ended 31 December 2022 97 ANNUAL REPORT 2022 DESTINI BERHAD
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