ANNUAL REPORT 2014
43
Group
2014
2013
USD’000
USD’000
Restated
Revenue
351,322
383,672
Cost of sales
(287,238)
(302,446)
Gross profit
64,084
81,226
Other income
4,318
3,805
Distribution expenses
(7,918)
(12,480)
Administration expenses
(20,654)
(21,653)
Other expenses
(1,028)
(1,343)
Results from operating activities
38,802
49,555
Finance costs
(379)
(103)
Finance income
2,801
3,142
Net finance income
2,422
3,039
Share of profit of associate, net of tax
65
137
Share of profit of joint ventures, net of tax
279
2,733
Profit before tax
41,568
55,464
Income tax expense
(9,766)
(12,383)
Profit for the year
31,802
43,081
Other comprehensive income/(expense), net of tax
Items that will not be reclassified subsequently to profit or loss
Remeasurement of defined benefit liability/(asset)
-
498
Revaluation of property, plant and equipment
26,436
-
Items that will be reclassified subsequently to profit or loss
Foreign currency translation differences for foreign operations
692
(1,618)
Other comprehensive income/(expense) for the year
27,128
(1,120)
Total comprehensive income for the year
58,930
41,961
Profit attributable to :
Owners of the Company
28,154
39,095
Non-controlling interests
3,648
3,986
Profit for the year
31,802
43,081
Total comprehensive income attributable to :
Owners of the Company
55,282
37,975
Non-controlling interests
3,648
3,986
Total comprehensive income for the year
58,930
41,961
Basic earnings per ordinary share (sen)
14.4
20.0
The information presented on this page does not form part of the audited financial statements of the Group.
The audited figures are converted into USD equivalent using the exchange rate of RM3.495 = USD1.00 (2013 -
RM3.2815 = USD1.00) which approximates the prevailing rate on 31 December 2014.
STATEMENTS OF PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME
For the Year Ended 31 December 2014 (in USD equivalent)
