Integrated Annual Report 2023 2 3 4 5 6 7 8 9 1 41 FINANCIAL REVIEW ADAPTING WITH RESILIENCE, NAVIGATING CHALLENGES In the year under review, the Group delivered revenue growth of 14.2% Y-o-Y, an increase from RM2.5 billion in 2022 to RM2.9 billion, driven by realised work orders from new project wins and renewed contracts. However, Profit After Tax and Zakat (“PAT”) was 34.1% lower at RM30.1 million despite higher revenue, primarily due to inflationary pressures and rising operational costs. Total Assets RM2.95 billion Net Assets per Share RM1.95 Gross Gearing Ratio 0.30x Earning per Share 3.7 sen Dividend per Share 2.0 sen GROUP FINANCIAL PERFORMANCE 3.0% 2.6% 0.01x -1.8 sen -2.0 sen
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