Sasbadi Annual Report 2018

ANNUAL REPORT 2018 FINANCIAL STATEMENTS 65 Statements of profit or loss and other comprehensive income for the year ended 31 August 2018 Group Company Note 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Revenue 16 87,841 93,053 1,080 3,480 Cost of sales (50,872) (47,531) - - Gross profit 36,969 45,522 1,080 3,480 Other operating income 739 635 - - Distribution expenses (10,016) (10,741) - (23) Administrative expenses (15,665) (17,524) (521) (602) Other operating expenses (4,828) (4,733) (321) (326) Results from operating activities 7,199 13,159 238 2,529 Finance income 22 148 1 49 Finance costs 17 (3,011) (1,856) - - Profit before tax 18 4,210 11,451 239 2,578 Tax expense 19 (2,169) (3,455) 2 (15) Net profit for the year 2,041 7,996 241 2,563 Other comprehensive income for the year, net of tax: Item that will not be reclassified subsequently to profit or loss Revaluation of property, plant and equipment 8,888 - - - Item that is or may be reclassified subsequently to profit or loss Fair value of available-for-sale financial assets (45) 4 - - Total comprehensive income for the year 10,884 8,000 241 2,563 Net profit for the year attributable to: Owners of the Company 2,041 8,044 241 2,563 Non-controlling interests - (48) - - 2,041 7,996 241 2,563 Total comprehensive income attributable to: Owners of the Company 10,884 8,047 241 2,563 Non-controlling interests - (47) - - 10,884 8,000 241 2,563 Basic earnings per ordinary share (sen) 21 0.49 1.92 The notes on pages 72 to 138 are an integral part of these financial statements.