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Financial Information

 

Financial Highlights

Page 1

 

Year Ended 31 December
(Audited)
2020

RM '000
2021

RM '000
2022

RM '000
2023

RM '000
2024

RM '000
FINANCIAL PERFORMANCE (RM '000)
   Revenue
175,986
207,044
154,779
128,210
94,510
   Cost of sales and direct operating expenses
(179,578)
(114,034)
(107,032)
(101,034)
(84,066)
   Operating profit
(3,592)
93,010
47,747
27,176
10,444
   (Loss)/gain on disposal of property, plant and equipment
0
98,014
50,058
25,342
(2)
 Intangible assets written off
0
0
(181)
0
0
  (Impairment loss)/reversal of impairment loss on vessels
(52,045)
3,086
0
0
0
  (Impairment loss)/reversal of impairment loss on right-of-use assets
(3,737)
11,747
0
0
0
 Reclassification from equity on liquidation of subsidiaries, being
    cumulative currency translation differences previously
    recognised in other comprehensive income
51,263
(539)
1,996
9,941
(7,482)
 Other operating income, net
9,619
2,436
5,575
1,447
15,043
 Administration expenses
(7,257)
(8,650)
(8,155)
(10,622)
(13,091)
  
(5,749)
199,104
97,040
53,284
4,912
  Finance costs
(19,187)
(10,588)
(3,746)
(530)
(79)
   Share of results of joint ventures
1,192
(4)
0
0
0
   Gain on liquidation of a joint venture
3,065
0
0
0
0
   Gain on derecognition of joint venture
0
6,869
0
0
0
   Profit / (Loss) before taxation
(20,679)
195,381
93,294
52,754
4,833
   Taxation
(102)
(136)
(113)
(3,108)
(2,002)
   Profit / (Loss) for the year
(20,781)
195,245
93,181
49,646
2,831
Attributable to:
   Equity holders of the Company
   Non-controlling interest

(20,781)
0

195,245
0

93,181
0

49,646
0

4,104
(1,273)
 
(20,781)
195,245
93,181
49,646
2,831

RATIOS

  Earnings / (Loss) per share (sen)
(2.08)
19.52
9.32
4.96
0.41