Tropicana Corporation Berhad Annual Report 2019

For the financial year ended 31 December 2019 Notes to the Financial Statements 13. EARNINGS PER SHARE Basic Basic earnings per share is calculated by dividing net profit for the financial year, attributable to owners of the parent by the weighted average number of ordinary shares outstanding during the financial year. Group 2019 2018 RM’000 RM’000 Net profit attributable to owners of the parent 320,759 170,029 Number of shares (’000) 2019 2018 Weighted average number of ordinary shares for basic earnings per share computation 1,439,689 1,459,079 Basic earnings per share (sen) 22.28 11.65 Diluted Diluted earnings per share is calculated by dividing the net profit for the financial year attributable to owners of the parent by the weighted average number of ordinary shares and ICPS outstanding during the financial year adjusted for the dilutive effects of all potential ordinary shares. Group 2019 2018 RM’000 RM’000 Net profit attributable to owners of the parent 320,759 170,029 Number of shares (’000) 2019 2018 Weighted average number of ordinary shares for basic earnings per share computation 1,439,689 1,459,079 Effect of conversion of ICPS to ordinary shares 88,818 – Weighted average number of ordinary shares for diluted earnings per share computation 1,528,507 1,459,079 Diluted earnings per share (sen) 20.99 11.65 There were no other transactions involving ordinary shares or potential ordinary shares since the reporting date and the date of authorisation of these financial statements. Tropicana Corporation Berhad Annual Report 2019 pg 166 About Tropicana Our Strategic Performance Our Leadership