Financial Year Ended 30 June/31 December 2023 2022 2020^ 2019 2018
  6
months
(Unaudited)
12
months
(Audited)
18
months
(Audited)
12
months
(Audited)
12
months
(Audited)
Presented in RM'000          
Revenue 750,106 1,457,385 330,503 290,486 293,452
Cost of sales (470,141) (826,842) (205,438) (173,109) (154,033)
Gross profit 279,965 630,543 125,065 117,377 139,419
 
Sales and marketing expenses (2,975) (2,047) (2,721) (5,785) (4,871)
Administrative expenses (9,425) (14,724) (7,973) (7,556) (10,649)
Net (loss)/gain on impairment of financial instruments and contract assets 4,612 (9,506) (55,849) (1,520) (1,596)
Other operating expenses (111,989) (231,627) (234,371) (73,497) (83,314)
Other operating income 8,581 19,204 2,754 4,547 8,217
Results from operating activities 168,769 391,843 (173,095) 33,566 47,206
Effect from business combination -   264,508 273,745 - -
Finance costs (25,417) (50,217) (6,295) (4,485) (3,128)
Finance income 9,781 6,856 1,382 238 562
Share of profit of equity-accounted associates, net of tax   - (18,331) 18,258 22,007
Profit before tax 153,133 612,990 77,406 47,577 66,647
Zakat -   (638) (204) (451) (405)
Tax expense (50,407) 94,922 (8,569) (11,629) (14,350)
Profit for the period/year 102,726 707,274 68,633 35,497 51,892
 
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 (6,525) 63,362 (41) (25) 92
Share of other comprehensive income of equity-accounted associates -   - 4,426 (2,443) 3,867
Other comprehensive income for the period/year, net of tax (6,525) 63,362 4,385 (2,468) 3,225
Total comprehensiveincome for the period/year 96,201 770,636 73,018 33,029 55,117
 
Profit attributable to:
Owners of the Company 73,605 549,587 119,976 30,037 35,345
Non-controlling interests 29,121 157,687 (51,343) 5,460 16,547
Profit for the period/year 102,726 707,274 68,633 35,497 51,892
 
Total comprehensive income attributable to:
Owners of the Company 67,080 612,949 124,361 27,569 38,570
Non-controlling interests 29,121 157,687 (51,343) 5,460 16,547
Total comprehensive income for the period/year 96,201 770,636 73,018 33,029 55,117
 
Earnings per ordinary share (sen)
- Basic 2.33 17.68 6.24 1.71 2.01
- Diluted 2.33 17.67 6.24 1.70 1.99

Note:

^ On 15 February 2021, the Group announced the change of financial year end for the Company from 31 December to 30 June. The audited financial statements is for a period of eighteen (18) months, made up from 1 January 2020 to 30 June 2021.