Datasonic Group Berhad Annual Report 2020

In respect of Declaration Date Description* Dividend per share Dividend proposed/ declared Paid on FY20 30.08.2019 1 st Interim 0.75 sen RM10.125 mil 18.10.2019 29.11.2019 2 nd Interim 0.75 sen RM10.125 mil 13.01.2020 27.02.2020 3 rd Interim 1.00 sen RM13.341 mil 27.03.2020 25.06.2020 4 th Interim 0.50 sen RM6.595 mil 27.07.2020 Total for FY20 3.00 sen RM40.186 mil 3. SEGMENTAL INFORMATION RM’mil FY16 FY17 FY18 FY19 FY20 REVENUE CSCS Segment 240.835 307.246 231.794 189.676 220.910 MA Segment 36.861 31.353 51.624 49.380 35.031 IH Segment 55.932 66.368 70.520 50.252 56.516 Elimination (92.318) (86.614) (95.337) (69.749) (64.917) Total Consolidated Revenue 241.310 318.353 258.601 219.559 247.540 RESULT Profit from operations 70.313 78.660 78.272 48.586 69.685 Finance costs (5.213) (6.792) (7.931) (8.112) (6.290) Profit before tax 65.100 71.868 70.341 40.474 63.395 3.1 The Operating Activities of the Customised Smart Card Solutions (“CSCS”) Segment The CSCS Segment is primarily involved in the provision of large scale customised software and hardware systems for secure ID, total smart card solutions and ICT project management. In FY20, our revenue of RM220.910 million from the CSCS Segment was RM31.234 million higher than the RM189.676 million reported in FY19, due mainly to: • Higher deliveries of theMyKad, aswell as consumables for theMyKad, to JabatanPendaftaranNegara (“JPN”) in FY20; • Higher quantity of financial cards sold by our Regional Personalisation Services (“RPS”) division; and • New revenue streams from Indonesia, namely the deployment of auto gates on behalf of a customer at Batam Ferry Terminal, and commercial sales business by PT Datasonic Teknologi Indonesia. 3.2 The Operating Activities of the Manufacturing (“MA”) Segment The Group’s MA Segment currently operates 2manufacturing centres located in Klang and Petaling Jaya. The principal activities of theMASegment are themanufacturing of smart cards (e.g. MyKad, membership cards, loyalty cards and insurance cards) and machine-readable travel documents (“MRTD”), or more commonly known as passport booklets with embedded chips. Year-on-year, total inter-segmental revenue for the MA Segment had reduced by RM14.349 million from RM49.380million inFY19 toRM35.031million inFY20duemainly to volume reduction accruing to slower demand for our passport booklets with embedded chips. Management Discussion & Analysis (Cont’d) DATASONIC GROUP BERHAD I ANNUAL REPORT 2020 (Registration No. 200801008472 (809759-X)) 24