Investor Relations

Financial Information

Financial Highlights

	Year Ended 31 December (Audited)
	2021 RM '000	2022 RM '000	2023 RM '000	2024 RM '000	2025 RM '000
FINANCIAL PERFORMANCE (RM '000)
Revenue	207,044	154,779	128,210	94,510	87,792
Cost of sales and direct operating expenses	(114,034)	(107,032)	(101,034)	(84,066)	(71,666)
Operating profit	93,010	47,747	27,176	10,444	16,126
(Loss)/gain on disposal of property, plant and equipment	98,014	50,058	25,342	(2)	0
Intangible assets written off	0	(181)	0	0	0
(Impairment loss)/reversal of impairment loss on vessels	3,086	0	0	0	0
(Impairment loss)/reversal of impairment loss on right-of-use assets	11,747	0	0	0	0
(Impairment loss) on financial assets	0	0	0	0	(76)
Reclassification from equity on liquidation of subsidiaries, being cumulative currency translation differences previously recognised in other comprehensive income	(539)	1,996	9,941	(7,482)	2,000
Other operating income, net	2,436	5,575	1,447	15,043	13,919
Administration expenses	(8,650)	(8,155)	(10,622)	(13,091)	(11,405)
	199,104	97,040	53,284	4,912	20,564
Finance costs	(10,588)	(3,746)	(530)	(79)	(55)
Share of results of joint ventures	(4)	0	0	0	0
Gain on liquidation of a joint venture	0	0	0	0	0
Gain on derecognition of joint venture	6,869	0	0	0	0
Profit / (Loss) before taxation	195,381	93,294	52,754	4,833	20,509
Taxation	(136)	(113)	(3,108)	(2,002)	(2,068)
Profit / (Loss) for the year	195,245	93,181	49,646	2,831	18,441
Attributable to: Equity holders of the Company Non-controlling interest	195,245 0	93,181 0	49,646 0	4,104 (1,273)	18,531 (90)
	195,245	93,181	49,646	2,831	18,441
RATIOS
Earnings / (Loss) per share (sen)	19.52	9.32	4.96	0.41	2.05