Yinson Annual Report 2020

Yinson Holdings Berhad SECTION 7 ACCOUNTABILITY 182 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 2020. 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 261,297 222,222 Attributable to: Owners of the Company 209,909 222,222 Non-controlling interests 51,388 - 261,297 222,222 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 2020: - Interim single tier dividend of 4.0 sen per share, paid on 20 December 2019 43,152 In respect of the financial year ended 31 January 2019: - Final single tier dividend of 2.0 sen per share, paid on 28 August 2019 21,607 64,759 The Directors recommend a final single tier dividend of 2.0 sen per share in respect of the current financial year for shareholders’ approval at the forthcoming Annual General Meeting. If approved, the entitlement date and payment date for the dividend would be 6 August 2020 and 28 August 2020 respectively. Reserves and provisions All material transfers to or from reserves and provisions during the financial year are disclosed in the financial statements.