Section 8 UEM Edgenta Berhad FINANCIAL STATEMENTS 306 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 11. EARNINGS PER SHARE Basic earnings per share amounts are calculated by dividing profit for the year attributable to owners of the parent by the weighted average number of ordinary shares in issue during the financial year held by the Company. Group 2023 RM’000 2022 RM’000 Profit attributable to owners of the parent 31,112 45,879 Number of shares ‘000 Number of shares ‘000 Weighted average number of ordinary shares in issue 831,624 831,624 Sen Sen Basic earnings per share 3.7 5.5 There are no potential ordinary shares outstanding as at 31 December 2023. As such, the diluted earnings per share of the Group is equivalent to the basic earnings per share. There have been no other transactions involving ordinary shares or potential ordinary shares between the reporting date and the date of authorisation of these financial statements. 12. DIVIDENDS Company Amount Net Dividends per Ordinary Share 2023 RM’000 2022 RM’000 2023 Sen 2022 Sen Recognised during the financial year: Single tier interim dividend for the financial year ended 2022: 4.00 sen on 831,624,030 ordinary shares declared on 28 February 2023 and paid on 18 May 2023 33,265 - 4.00 - Single tier interim dividend for the financial year ended 2021: 3.00 sen on 831,624,030 ordinary shares declared on 24 February 2022 and paid on 19 May 2022 - 24,949 - 3.00 On 28 February 2024, the Board of Directors has declared a single tier interim dividend of 2.00 sen per ordinary share on 831,624,030 ordinary shares, amounting to RM16,632,481 to be paid on 17 May 2024. The entitlement date is 25 April 2024. The financial statements for the current financial year do not reflect this dividend. This dividend will be accounted for in equity as an appropriation of retained earnings in the financial year ending 31 December 2024.
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