STATEMENTS OF PROFIT OR LOSS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014
Group
Company
Note
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Gross revenue
35
2,438,620
1,779,383
69,116
68,936
Cost of sales
36
(1,952,964)
(1,506,254)
-
-
Gross profit
485,656
273,129
69,116
68,936
Other operating income
45,677
49,311
64,664
941
Selling and distribution expenses
(32,906)
(27,161)
-
-
Administrative and general expenses
(276,565)
(208,551)
(18,817)
(17,388)
Other losses - net
37
(3,155)
(1,341)
-
-
Profit from operations
38
218,707
85,387
114,963
52,489
Finance costs
39
(20,882)
(18,993)
(4,274)
(3,058)
Share of results of associates
7,562
927
-
-
Share of results of joint ventures
(6,907)
(3,002)
-
-
Profit before tax
198,480
64,319
110,689
49,431
Tax expense
40
(51,371)
(32,026)
(681)
(760)
Net profit for the financial year
147,109
32,293
110,008
48,671
Net profit/(loss) for the financial year attributable to:
Owners of the Company
125,565
32,324
110,008
48,671
Non-controlling interests
21,544
(31)
-
-
Net profit for the financial year
147,109
32,293
110,008
48,671
Earnings per share computed based on the net profit for
the financial year attributable to the owners of the
Company:
- basic and diluted (sen)
41
16.26
4.20
56
Wah Seong Corporation Berhad • Annual Report 2014
