Datasonic Group Berhad Annual Report 2021

2021 ANNUAL REPORT 19 INDUSTRY AND BUSINESS OVERVIEW FY2021 was indeed challenging for the Group, owing to the economic upheaval and health crisis attributable to the outbreak of Coronavirus Disease 2019 (“COVID-19”) pandemic globally. The Group persevered through these challenging economic conditions by relying on orders generated from our existing contracts and customers, sound business fundamentals, exercising prudence through cost optimisation initiatives and improved operational efficiency. Simultaneously, we made swift adaptation to the newnorms of our business landscape by implementing our business continuity plan (“BCP”) to remain relevant and minimise operational disruption during this pandemic. We strongly believe this has further fortify Datasonic’s resilience and collective strength as a Group. In facing the challenges in FY2021, the Group’s financial performance had been undoubtedly impacted by the pandemic primarily due to the travel and movement restrictions imposed, which led to a decrease in demand of our e-passport, MyKad and other revenue streams. Despite this temporary setback, Datasonic registered a satisfactory profit attributable to the owners of the Group (“net profit”) of RM7.3 million on the back of RM138.4 million revenue. In maintaining our long track record of rewarding our shareholders consistently since our listing in 2012, we have declared a total dividend of 1.05 sen per share for the financial year under review. For more detailed analysis of our financial performance, please refer to the Management Discussion and Analysis of this Annual Report. CHAIRMAN’S STATEMENT FY2021 Total Dividend Declare 1.05 Sen per Share