Page 42 - MSM_AIR2021

40 MSM MALAYSIA HOLDINGS BERHAD WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOW WE OPERATE
ANNUAL INTEGRATED REPORT 2021

5-YEAR

FINANCIAL HIGHLIGHTS

2021 2020 2019 2018 2017
RM’000 RM’000 RM’000 RM’000 RM’000
Revenue 2,259,698 2,184,463 2,006,911 2,214,376 2,641,529
Cost of Sales (2,098,744) (2,016,920) (1,992,260) (2,016,022) (2,563,490)
Gross Profit 160,954 167,543 14,651 198,354 78,039
Other Operating Income 9,897 1,566 1,843 1,401 8,685
Selling and Distribution Expenses (28,293) (26,101) (25,272) (19,762) (19,741)
Administrative Expenses (66,106) (62,374) (73,561) (71,817) (61,122)
Impairment of Financial Assets, Net (1,635) (6,565) (4,583) (3,018) -
Reversal of Impairment/(Impairment) of
Non-Financial Assets 16,427 11,775 (138,784) (1,390) -
Other Operating Expenses (7,682) (14,232) (747) (44) (7,005)
Other Gains/(Losses), Net 41,998 (2,816) 4,999 (2,887) (1,223)
Profit/(Loss) from Operations 125,560 68,796 (221,454) 100,837 (2,367)
Finance Income 2,587 3,835 4,032 4,057 5,293
Finance Costs (47,045) (36,784) (82,128) (38,508) (22,500)
Profit/(Loss) Before Zakat and Taxation 81,102 35,847 (299,550) 66,386 (19,574)
Zakat (1,000) (1,486) (14) (1,500) -
Taxation (43,487) (30,498) 11,074 (27,509) (16,767)
Profit/(Loss) for the Financial Year from
Continuing Operations 36,615 3,863 (288,490) 37,377 (36,341)

Discontinued Operations
Profit/(Loss) from Discontinued Operations,
Net of Tax 88,738 (75,091) (11,279) (1,717) -
Profit/(Loss) for the Financial Year 125,353 (71,228) (299,769) 35,660 (36,341)

FINANCIAL RATIOS
2021 2020 2019 2018 2017
RM’000 RM’000 RM’000 RM’000 RM’000
Return on Shareholder’s Equity 7.32% (4.50%) (18.10%) 1.82% (1.90%)
Return on Total Assets 4.4% (2.6%) (10.1%) 1.0% (1.1%)
Debt Equity Ratio 0.7 0.8 0.8 0.9 0.8
Dividend Cover 5.9 - - - (1.3)
Total Assets 2,870,839 2,770,280 2,980,766 3,655,342 3,404,782
Net Assets Per Share 2.44 2.25 2.36 2.79 2.74
Earnings/(Loss) Per Share (Sen) 17.83 (10.13) (42.64) 5.08 (5.17)