Financial Performance | Dagang NeXchange Berhad

Financial Year Ended 30 June/31 December	2022	2020^{^}	2019	2018	2017
	12 months (Audited)	18 months (Audited)	12 months (Audited)	12 months (Audited)	12 months (Audited)
Presented in RM'000
Revenue	1,457,385	330,503	290,486	293,452	203,938
Cost of sales	(826,842)	(205,438)	(173,109)	(154,033)	(96,977)
Gross profit	630,543	125,065	117,377	139,419	106,961

Sales and marketing expenses	(2,047)	(2,721)	(5,785)	(4,871)	(4,932)
Administrative expenses	(14,724)	(7,973)	(7,556)	(10,649)	(7,533)
Net (loss)/gain on impairment of financial instruments and contract assets	(9,506)	(55,849)	(1,520)	(1,596)	(329)
Other operating expenses	(231,627)	(234,371)	(73,497)	(83,314)	(57,365)
Other operating income	19,204	2,754	4,547	8,217	7,070
Results from operating activities	391,843	(173,095)	33,566	47,206	43,872
Effect from business combination	264,508	273,745	-	-	-
Finance costs	(50,217)	(6,295)	(4,485)	(3,128)	(694)
Finance income	6,856	1,382	238	562	1,213
Share of profit of equity-accounted associates, net of tax	-	(18,331)	18,258	22,007	22,200
Profit before tax	612,990	77,406	47,577	66,647	66,591
Zakat	(638)	(204)	(451)	(405)	(500)
Tax expense	94,922	(8,569)	(11,629)	(14,350)	(10,900)
Profit for the period/year	707,274	68,633	35,497	51,892	55,191

Other comprehensive income for the period/year, net of tax Items that will not be reclassified subsequently to profit or loss
Fair value changes of equity instruments	-	-	-	(734)	-

Items that may be reclassified subsequently to profit or loss
Foreign currency translation differences for foreign operations	63,362	(41)	(25)	92	(561)
Share of other comprehensive income of equity-accounted associates	-	4,426	(2,443)	3,867	(16,916)
Other comprehensive income for the period/year, net of tax	63,362	4,385	(2,468)	3,225	(17,477)
Total comprehensiveincome for the period/year	770,636	73,018	33,029	55,117	37,714

Profit attributable to:
Owners of the Company	549,587	119,976	30,037	35,345	56,599
Non-controlling interests	157,687	(51,343)	5,460	16,547	(1,408)
Profit for the period/year	707,274	68,633	35,497	51,892	55,191

Total comprehensive income attributable to:
Owners of the Company	612,949	124,361	27,569	38,570	39,122
Non-controlling interests	157,687	(51,343)	5,460	16,547	(1,408)
Total comprehensive income for the period/year	770,636	73,018	33,029	55,117	37,714

Earnings per ordinary share (sen)
- Basic	17.68	6.24	1.71	2.01	3.24
- Diluted	17.67	6.24	1.70	1.99	3.20