Yinson Annual Report 2019

Yinson Holdings Berhad ANNUAL REPORT 2019 102 Directors’ report The Directors have pleasure in submitting their report together with the audited financial statements of the Group and of the Company for the financial year ended 31 January 2019. PRINCIPAL ACTIVITIES The principal activities of the Company are investment holding and provision of management services. The principal activities of the Group are disclosed in Note 19 to the financial statements. There have been no significant changes in the nature of these activities during the financial year. FINANCIAL RESULTS Group Company RM’000 RM’000 Profit for the financial year 264,379 245,429 Attributable to: Owners of the Company 234,896 245,429 Non-controlling interests 29,483 – 264,379 245,429 DIVIDENDS Dividends paid and proposed since the end of the previous financial year are as follows: RM’000 In respect of the financial year ended 31 January 2019: - Interim single tier dividend of 4.0 sen per share, paid on 21 December 2018 43,311 In respect of the financial year ended 31 January 2018: - Final single tier dividend of 2.0 sen per share, paid on 27 August 2018 21,705 - Special single tier dividend of 4.0 sen per share, paid on 8 June 2018 43,452 108,468 TheDirectors recommenda final single tier dividendof 2.0 senper share in respect of the current financial year for shareholders’ approval at the forthcoming Annual General Meeting. If approved, the entitlement date and payable date for the dividend would be 8 August 2019 and 28 August 2019 respectively. RESERVES AND PROVISIONS All material transfers to or from reserves and provisions during the financial year are disclosed in the financial statements.