Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad STATEMENTS OF COMPREHENSIVE INCOME For the financial year ended 31 December 2019 70 Note 2019 2018 2019 2018 RM RM RM RM Revenue Revenue from contracts with customers 4(a) 1,302,785,140 1,011,929,752 - - Other revenue 4(c) 33,254 48,812 25,179,662 19,040,162 1,302,818,394 1,011,978,564 25,179,662 19,040,162 Cost of sales (1,168,701,821) (883,951,794) - - Gross profit 134,116,573 128,026,770 25,179,662 19,040,162 Other item of income Other operating income 5 7,761,897 8,345,258 - - Share of (loss)/profit of joint ventures (372,583) 809,691 - - Other items of expenses Administration expenses (45,087,831) (43,633,702) (835,115) (729,437) Finance costs 6 (16,730,966) (11,881,755) - - Profit before tax 7 79,687,090 81,666,262 24,344,547 18,310,725 Income tax expense 10 (21,318,037) (20,601,154) (293,376) (459,426) Profit net of tax 58,369,053 61,065,108 24,051,171 17,851,299 Other comprehensive income/(loss): Foreign currency translation 244 (697) - - Other comprehensive income/(loss) for the year, net of tax 244 (697) - - Total comprehensive income for the year 58,369,297 61,064,411 24,051,171 17,851,299 Profit attributable to: Owners of the Company 58,391,361 61,138,672 24,051,171 17,851,299 Non-controlling interests (22,308) (73,564) - - 58,369,053 61,065,108 24,051,171 17,851,299 Total comprehensive income attributable to: Owners of the Company 58,391,605 61,137,975 24,051,171 17,851,299 Non-controlling interests (22,308) (73,564) - - 58,369,297 61,064,411 24,051,171 17,851,299 Company Group