2Q Ended 31 October 2019 Results
UNITED MALACCA BERHAD (1319 - V) (Incorporated in Malaysia) UNAUDITED INTERIM FINANCIAL STATEMENTS FOR THE SECOND QUARTER ENDED 31 OCTOBER 2019 CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE SECOND QUARTER ENDED 31 OCTOBER 2019 Individual Quarter Cumulative Quarter 3 Months Ended 6 Months Ended 31 October 31 October 2019 2018 2019 2018 RM'000 RM'000 RM'000 RM'000 Revenue 76,992 53,823 120,322 93,828 Cost of sales (82,652) (56,281) (132,798) (107,220) Gross loss (5,660) (2,458) (12,476) (13,392) Other income 2,552 1,647 5,327 3,292 Gain on disposal of non-current assets held for sale 49,303 - 103,196 - Administrative expenses (6,573) (4,703) (13,187) (8,588) Other expenses (855) (6,054) (1,058) (12,305) Operating profit/(loss) 38,767 (11,568) 81,802 (30,993) Finance costs (3,143) (1,753) (6,000) (3,277) Profit/(loss) before tax 35,624 (13,321) 75,802 (34,270) Income tax credit/(expense) 636 130 (3,339) 1,944 Profit/(loss) for the period 36,260 (13,191) 72,463 (32,326) Other comprehensive income/(loss): Item that will be subsequently reclassified to profit or loss: Exchange differences on translation of foreign operations 1,617 (4,141) 5,725 (4,106) 1,617 (4,141) 5,725 (4,106) Total comprehensive income/(loss) for the period 37,877 (17,332) 78,188 (36,432) Profit/(loss) for the period attributable to: Owners of the Company 36,890 (12,077) 73,837 (30,563) Non-controlling interests (630) (1,114) (1,374) (1,763) 36,260 (13,191) 72,463 (32,326) Total comprehensive income/(loss) for the period attributable to: Owners of the Company 38,244 (15,553) 78,625 (34,009) Non-controlling interests (367) (1,779) (437) (2,423) 37,877 (17,332) 78,188 (36,432) Earnings/(loss) per share attributable to owners of the Company: Basic (sen) 17.59 (5.76) 35.21 (14.58) Diluted (sen) 17.59 (5.76) 35.21 (14.58) The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the audited financial statements for the year ended 30 April 2019 and the accompanying explanatory notes attached to the interim financial statements.
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