Sasbadi Annual Report 2021

72 SASBADI HOLDINGS BERHAD FINANCIAL STATEMENTS (continued) 72 SASBADI HOLDINGS BERHAD (Incorporated in Malaysia) STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2021 Group Company 2021 2020 2021 2020 Note RM’000 RM’000 RM’000 RM’000 Revenue 21 62,902 62,814 5,241 840 Cost of sales (51,629) (46,553) - - Gross profit 11,273 16,261 5,241 840 Other operating income 1,120 1,450 - - Distribution expenses (5,884) (7,536) - - Administrative expenses (12,514) (12,562) (271) (296) Net gain/(loss) on impairment of financial instruments 913 (1,544) (3,233) - Other operating expenses (3,751) (3,116) (2,677) (511) Results from operating activities (8,843) (7,047) (940) 33 Finance income 10 22 1 1 Finance costs 22 (1,623) (2,279) - - (Loss)/Profit before tax 23 (10,456) (9,304) (939) 34 Taxation 24 1,205 352 - - Net (loss)/profit for the financial year attributable to owners of the Company (9,251) (8,952) (939) 34 Other comprehensive (loss)/ income for the financial year, net of tax: Items that will not be reclassified subsequently to profit or loss Reversal of revaluation gain on property, plant and equipment - (310) - - Net changes in fair value of equity investments designated at fair value through other comprehensive income (12) (38) - - (12) (348) - - Total comprehensive (loss)/ income for the financial year attributable to owners of the Company (9,263) (9,300) (939) 34 Loss per share (sen) 25 - Basic (2.20) (2.14) - Diluted (2.20) (2.14) The accompanying notes form an integral part of the financial statements.