Serba Dinamik Annual Report 2021

Section 5 | Management Discussion & Analysis 158 United Kingdom 2.64% 3.19% 1.42% 2.17% 2021 ^ Previous Years 7.36% 2016* RM 2.71k 2017 RM 4.48k 2018 RM 3.43k 2019 RM 4.69k 2021 ^ RM 18.87k EUROPE FINANCIAL PERFORMANCE While for our operations in Europe, revenue contributed of RM18.87 million to the Group of which is derived from one of our subsidiary acquired during the period, Wellahead Engineering Ltd (“WEL”), marked it first contribution to the Group’s revenue. * The figures and values for 2016 in this section represent that performance of Serba Dinamik Group Berhad, in order to reflect the performance of the Group prior to the incorporation of Serba Dinamik Holdings Berhad and the subsequent acquisition of Serba Dinamik Group Berhad on 26 May 2016. For further information please refer to our IPO prospectus available on our corporate website. ^ On 07 May 2021, the Group announced the change of financial year end for the Company and its subsidiaries from 31 December 2020 to 30 June 2021. The audited financial statements is for a period of eighteen (18) months, made up from 1 January 2020 to 30 June 2021.