Kimlun Corporation Berhad Annual Report 2020

200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 11. Earnings per share (a) Basic earnings per share 2020 2019 Profit net of tax attributable to owners of the Company (RM) 7,985,135 58,391,361 Weighted average number of ordinary shares in issue 340,838,150 335,216,844 Basic earnings per share (sen) 2.34 17.42 (b) Diluted earnings per share 2020 2019 Profit net of tax attributable to owners of the Company (RM) 7,985,135 58,391,361 Weighted average number of ordinary shares in issue 340,838,150 335,216,844 Diluted earnings per share (sen) 2.34 17.42 The outstanding warrants were not included in the weighted average number of ordinary shares used in the calculation of diluted earnings per share as their effect would have been antidilutive. The following reflect the profit and share data used in the computation of basic earnings per share for the years ended 31 December: Group Group The following reflect the profit and share data used in the computation of diluted earnings per share for the years ended 31 December: Basic earnings per share amounts are calculated by dividing profit attributable to owners of the Company by the weighted average number of ordinary shares in issue during the financial year. Diluted earnings per share amounts are calculated by dividing profit attributable to owners of the Company by the weighted average number of ordinary shares in issue during the financial year plus the weighted average number of ordinary shares that would be issued on the conversion of all dilutive potential ordinary shares from exercise of the warrants. Dilutive potential ordinary shares are deemed to have been converted at the beginning of the financial year or, if later, the date of the issue of the potential ordinary shares. - 62 - 119 Kimlun Corporation Berhad Registration No. 200901023978 (867077-X) NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020