Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
From the data, how to calculate net profit margin for hwa tai industries in year 2018 and 2019?
Transcribed Image Text:ANNUAL REPORT 2019
HWA TAI INDUSTRIES BERHAD
39
STATEMENTS OF COMPREHENSIVE INCOME
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019
Group
Company
2019
2018
2019
2018
Note
RM
RM
RM
RM
Revenue
18
65,352,730
(46,546,728)
64,739,149
(46,539,951)
57,073,593
(40,835.274)
57,683,579
(41.303.767)
Cost of sales
19
Gross profit
18,806,002
18,199,198
16,238
16,379,812
Other income
938,516
(11,676,589)
(9,235,823)
638,997
(10,184,660)
(9,003,309)
495,595
(10,305,121)
(7,954,487)
654,780
(9,235,878)
(8,998,284)
Selling and distribution expenses
Administrative expenses
Net reversal/(loss) on impairment
on financial instruments
Share of results of associate
100,799
(412,909)
(992,202)
(1,483,519)
(588,784)
(877,773)
167,399
(1,497,305)
Finance costs
20
(963,900)
(855,557)
Loss before tax
Income tax credit/(expense)
(2,472,206)
253,979
21
(3,299,850)
(629,096)
(2,322,195)
255,147
(3,552,432)
(629,096)
22
Loss for the fnancial year
(2,218,227)
(3,928,946)
(2,067,048)
(4,181,528)
Other comprehensive income,
net of tax, items that may be
reclassified subsequently to
profit or loss
Translation reserves of
foreign operation
(41,237)
(390,205)
Total comprehensive loss
for the financial year
(2,259,464)
(4,319,151)
(2,067,048)
(4,181,528)
Loss for the financial year
attributable to:
Owners of the Company
Non-controlling interests
(2,220,880)
2,653
(3,915,809)
(13,137)
(2,067,048)
(4,181,528)
(2,218,227)
(3,928,946)
(2,067,048)
(4,181,528)
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