KERJAYA PROSPEK GROUP KERJAYA PROSPEK GROUP BERHAD Registration no. 198401010054 (122592-U) (Incorporated in Malaysia)
UNAUDITED 4TH QUARTER REPORT ON CONSOLIDATED RESULTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS | ||||||||
Individual Quarter | Cumulative Quarter | |||||||
(4th quarter) | ||||||||
Current | Corresponding | Current | Corresponding | |||||
quarter | quarter | Changes | year-to-date | year-to-date | Changes | |||
ended | ended | % | ended | ended | % | |||
31.12.2021 | 31.12.2020 | 31.12.2021 | 31.12.2020 | |||||
RM'000 | RM'000 | RM'000 | RM'000 | |||||
(UNAUDITED) | (AUDITED) | |||||||
1 | Revenue | 283,717 | 248,854 | 14.0% | 964,925 | 810,999 | 19.0% | |
2 | Cost of sales | (229,287) | (208,850) | 9.8% | (807,822) | (676,542) | 19.4% | |
3 | Gross profit | 54,430 | 40,004 | 36.1% | 157,103 | 134,457 | 16.8% | |
4 | Other income | 1,867 | 13,298 | -86.0% | 18,944 | 33,730 | -43.8% | |
5 | Administrative expenses | (8,254) | (10,610) | -22.2% | (29,139) | (32,148) | -9.4% | |
5A | Other operating expenses | (6,099) | (4,266) | 43.0% | (14,047) | (15,541) | -9.6% | |
6 | Profit from operations | 41,944 | 38,426 | 9.2% | 132,861 | 120,498 | 10.3% | |
7 | Finance cost | (271) | (198) | 36.9% | (1,099) | (952) | 15.4% | |
8 | Profit before tax | 41,673 | 38,228 | 9.0% | 131,762 | 119,546 | 10.2% | |
9 | Taxation | (11,290) | (10,232) | 10.3% | (34,883) | (28,772) | 21.2% | |
10 | Profit after tax ("PAT") for the period | 30,383 | 27,996 | 8.5% | 96,879 | 90,774 | 6.7% | |
Attributable to : | ||||||||
Owners of the Company | 30,393 | 27,983 | 8.6% | 96,962 | 90,755 | 6.8% | ||
Non-controlling Interests ("NCI") | (10) | 13 | -176.9% | (83) | 19 | -536.8% | ||
8.5% | 6.7% | |||||||
30,383 | 27,996 | 96,879 | 90,774 | |||||
11 | Profit per share attributable to | |||||||
owners of the Company: |
- Basic earnings per ordinary share ("EPS")(sen)*
- Diluted earnings per ordinary share (sen)*
2.46 | 2.28 | 7.84 | 7.37 | |
2.16 | 2.00 | 6.89 | 6.48 | |
- Basic earnings per share for the quarter and cumulative financial year is calculated based on the profit for the period divided by the weighted average number of ordinary shares in issue for the quarter and financial year respectively. Diluted earnings per share for the current financial year is calculated by dividing the profit for the financial year attributable to owners of the Company by the weighted average number of ordinary shares outstanding during the financial year adjusted for the effects of dilutive potential ordinary shares. Please refer to Note B11 for further details.
(The Condensed Consolidated Statement of Profit or Loss should be read in conjunction with the Annual Financial Report for the Year Ended 31 December 2020 and the accompanying explanatory notes attached to the Interim Financial Report)
1
KERJAYA PROSPEK GROUP BERHAD Registration no. 198401010054 (122592-U) (Incorporated in Malaysia)
UNAUDITED 4TH QUARTER REPORT ON CONSOLIDATED RESULTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
Individual Quarter
Current | Corresponding |
quarter | quarter |
ended | ended |
31.12.2021 | 31.12.2020 |
RM'000 | RM'000 |
Cumulative Quarter
Current | Corresponding |
year-to-date | year-to-date |
ended | ended |
31.12.2021 | 31.12.2020 |
RM'000 | RM'000 |
(UNAUDITED) | (AUDITED) |
1 | PAT for the period | 30,383 | 27,996 | 96,879 | 90,774 | |
2 | Other Comprehensive Expense: | |||||
- Foreign currency translation differences | (356) | (8) | (83) | (19) | ||
Total comprehensive income for the period | ||||||
3 | 30,027 | 27,988 | 96,796 | 90,755 | ||
Attributable to : | ||||||
Owners of the Company | 30,037 | 27,975 | 96,879 | 90,736 | ||
Non-controlling Interests ("NCI") | (10) | 13 | (83) | 19 | ||
30,027 | 27,988 | 96,796 | 90,755 | |||
(The Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income should be read in conjunction with the Annual Financial Report for the Year Ended 31 December 2020 and the accompanying explanatory notes attached to the Interim Financial Report)
2
KERJAYA PROSPEK GROUP BERHAD Registration no. 198401010054 (122592-U) (Incorporated in Malaysia)
UNAUDITED 4TH QUARTER REPORT ON CONSOLIDATED RESULTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION | ||
As at | As at | |
31.12.2021 | 31.12.2020 | |
RM'000 | RM'000 | |
(UNAUDITED) | (AUDITED) | |
ASSETS | ||
Non-Current Assets | ||
Property, Plant and Equipment | 90,566 | 122,736 |
Right-Of-Use Assets | 3,487 | 1,026 |
Investment Properties | 881 | 1,689 |
Other Investments | 1,946 | 13,727 |
Intangible Assets | 356,222 | 356,169 |
Trade Receivables | 235,760 | 200,492 |
688,862 | 695,839 | |
Current Assets | ||
Inventories | 195,951 | 167,195 |
Trade and Other Receivables | 402,378 | 349,630 |
Contract Assets | 11,006 | 9,364 |
Tax Recoverables | 406 | 554 |
Cash and Bank Balances | 210,089 | 266,731 |
819,830 | 793,474 | |
TOTAL ASSETS | ||
1,508,692 | 1,489,313 | |
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KERJAYA PROSPEK GROUP BERHAD Registration no. 198401010054 (122592-U) (Incorporated in Malaysia)
UNAUDITED 4TH QUARTER REPORT ON CONSOLIDATED RESULTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION (CONT'D)
As at | As at | |
31.12.2021 | 31.12.2020 | |
RM'000 | RM'000 | |
(UNAUDITED) | (AUDITED) | |
EQUITY AND LIABILITIES | ||
Equity Attributable to Equity Holders of the Company | ||
Share Capital | 642,658 | 642,658 |
Treasury Shares | (5,186) | (4,996) |
Other Reserves | 584 | 667 |
Retained Profits | 531,711 | 471,870 |
1,169,767 | 1,110,199 | |
Non-controlling Interests | 867 | 111 |
Total Equity | ||
1,170,634 | 1,110,310 | |
Non-Current Liabilities | ||
Deferred Tax Liabilities | 6,239 | 8,414 |
Trade and Other Payables | 133,885 | 124,540 |
Lease Liabilities | 1,111 | 993 |
141,235 | 133,947 | |
Current Liabilities | ||
Trade and Other Payables | ||
133,055 | 121,346 | |
Contract Liabilities | 19,580 | 39,403 |
Lease Liabilities | 3 | 30 |
Income Tax Payable | 10,360 | 3,665 |
Short Term Borrowings | 33,825 | 80,612 |
196,823 | 245,056 | |
Total Liabilities | ||
338,058 | 379,003 | |
TOTAL EQUITY AND LIABILITIES | ||
1,508,692 | 1,489,313 | |
Net assets per share attributable to owners of the Company (RM) | 0.95 | 0.90 |
No. of ordinary shares (in thousand) | 1,237,244 | 1,237,402 |
(The Condensed Consolidated Statement of Financial Position should be read in conjunction with the Annual Financial Report for the Year Ended 31 December 2020 and the accompanying explanatory notes attached to the Interim Financial Report)
4
KERJAYA PROSPEK GROUP BERHAD Registration no. 198401010054 (122592-U) (Incorporated in Malaysia)
UNAUDITED 4TH QUARTER REPORT ON CONSOLIDATED RESULTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Attributable to Equity Holders of the Company | ||||||
<-------------Non-Distributable------------> | Distributable | Non | ||||
Share | Other | Treasury | Retained | Controlling | ||
Capital | Reserves | Shares | Profits | Interests | Total Equity | |
RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | RM'000 | |
12 MONTHS YEAR ENDED 31 DECEMBER | ||||||
2021 | ||||||
Balance as at 1 January 2021 | 642,658 | 667 | (4,996) | 471,870 | 111 | 1,110,310 |
Total Comprehensive Income | ||||||
for the period | - | (83) | - | 96,962 | (83) | 96,796 |
Dividend paid | - | - | - | (37,121) | - | (37,121) |
Accretion of interest in a subsidiary | - | - | - | - | 839 | 839 |
Shares repurchased | - | - | (190) | - | - | (190) |
Balance as at 31 December 2021 | 642,658 | 584 | (5,186) | 531,711 | 867 | 1,170,634 |
12 MONTHS YEAR ENDED 31 DECEMBER | ||||||
2020 | ||||||
Balance as at 1 January 2020 | 642,658 | 686 | (10,893) | 438,502 | 2,081 | 1,073,034 |
Total Comprehensive Income | ||||||
for the period | - | (19) | - | 90,755 | 19 | 90,755 |
Dividend paid | - | - | - | (43,105) | - | (43,105) |
Share dividends distributed to shareholders | - | - | 14,282 | (14,282) | - | - |
Acquisition of equity interest in a subsidiary | - | - | - | - | (1,989) | (1,989) |
Shares repurchased | - | - | (8,385) | - | - | (8,385) |
Balance as at 31 December 2020 | 642,658 | 667 | (4,996) | 471,870 | 111 | 1,110,310 |
(The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the Annual Financial Report for the Year Ended 31 December 2020 and the accompanying explanatory notes attached to the Interim Financial Report)
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Kerjaya Prospek Group Berhad published this content on 28 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2022 06:51:06 UTC.
