44 YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 FINANCIAL REVIEW FYE 2023 FYE 2022 CHANGE RM million RM million RM million % Operating results by segment Offshore Production and Offshore Marine 1,675 1,186 489 41.2% Renewables (129) 34 (163) -479.4% Other operations (98) (123) 25 20.3% Share of results of joint ventures and associates (16) 7 (23) -328.6% Q1 FYE 2023 Q2 FYE 2023 Q3 FYE 2023 Q4 FYE 2023 RM million RM million RM million RM million Snapshot of quarterly results for FYE 2023 Revenue 1,005 1,620 1,737 1,962 Cost of sales 643 1,151 1,232 1,471 Gross profit 362 469 505 491 EBITDA 388 470 509 415 Profit before tax 190 247 258 160 PAT 139 163 177 109 Core profit after tax 126 162 171 282 REVENUE AND PROFITABILITY Group revenue 2023 2022 2021 2020 2019 FYE 6,324 3,607 4,849 2,519 1,035 Group Revenue (RM million)
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