255 INTEGRATED ANNUAL REPORT 2024 Key Messages Financial Statements Other Information NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 Overview of Wasco Berhad Value Creation Commitment to Governance Sustainability Journey 21 ASSETS AND LIABILITIES OF DISPOSAL GROUP CLASSIFIED AS HELD FOR SALE (CONTINUED) (a) Assets and liabilities of disposal group classified as held for sale during the financial year (continued) The financial performance and cash flow information of the trading segment classified as discontinued operation are as follows: Group 2024 RM’000 2023 RM’000 Revenue 25,105 378,893 Cost of sales (23,321) (356,034) Gross profit 1,784 22,859 Other operating income 872 3,399 Selling and distribution expenses (223) (5,326) Administrative and general expenses (3,721) (11,693) Reversal of impairment on financial assets - 281 Other (losses)/gain - net (349) 398 Finance costs (183) (3,773) Profit before tax (1,820) 6,145 Tax expense - (1,440) (Loss)/Profit from discontinued operations (1,820) 4,705 Net cash inflow from operating activities 1,971 30,756 Net cash inflow from investing activities - 16,409 Net cash outflow from financing activities (5,056) (51,833) Net changes in cash and cash equivalent (3,085) (4,668)
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