Wah Seong Corporation Berhad Annual Report 2018

Group Company Note 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Gross revenue 31 2,961,131 2,492,100 18,634 25,394 Cost of sales 32 (2,625,280) (2,182,428) - - Gross profit 335,851 309,672 18,634 25,394 Other operating income 57,952 169,021 3,760 18,456 Selling and distribution expenses (27,314) (28,012) - - Administrative and general expenses (202,215) (290,706) (15,368) (13,406) Other gains/(losses) - net 33 44 (487) - - Profit from operations 34 164,318 159,488 7,026 30,444 Finance costs 35 (38,940) (41,897) (6,489) (7,427) Share of results of associates 1,170 (4,863) - - Share of results of joint ventures (19,460) 9,877 - - Profit before tax 107,088 122,605 537 23,017 Tax expense 36 (47,226) (7,962) (849) (2,101) Net profit/(loss) for the financial year 59,862 114,643 (312) 20,916 Net profit/(loss) for the financial year attributable to: Owners of the Company 64,797 113,021 (312) 20,916 Non-controlling interests (4,935) 1,622 - - Net profit/(loss) for the financial year 59,862 114,643 (312) 20,916 Earnings per share computed based on the net profit for the financial year attributable to the owners of the Company: - basic and diluted (sen) 37 8.39 14.63 STATEMENTS OF PROFIT OR LOSS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 ANNUAL REPORT 2018 81