Sasbadi Annual Report 2019

PAGE 56 SASBADI HOLDINGS BERHAD FINANCIAL STATEMENTS (continued) Statements of profit or loss and other comprehensive income for the year ended 31 August 2019 Group Company Note 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Restated Revenue 17 87,727 85,858 960 1,080 Cost of sales (51,373) (48,870) - - Gross profit 36,354 36,988 960 1,080 Other operating income 460 739 - - Distribution expenses (9,088) (10,016) - - Administrative expenses (14,443) (15,665) (480) (521) Other operating expenses (3,551) (4,828) (307) (321) Results from operating activities 9,732 7,218 173 238 Finance income 26 22 1 1 Finance costs 18 (2,882) (3,011) - - Profit before tax 19 6,876 4,229 174 239 Tax expense 20 (3,612) (2,174) - 2 Net profit for the year attributable to owners of the Company 3,264 2,055 174 241 Other comprehensive income for the year, net of tax: Items that will not be reclassified subsequently to profit or loss Revaluation of property, plant and equipment - 8,888 - - Net changes in fair value of equity investments designated at fair value through other comprehensive income 19 - - - Item that is or may be reclassified subsequently to profit or loss Fair value of available-for-sale financial assets - (45) - - Total comprehensive income for the year attributable to owners of the Company 3,283 10,898 174 241 Basic earnings per ordinary share (sen) 21 0.78 0.49 The notes on pages 63 to 146 are an integral part of these financial statements.