12 FGV HOLDINGS BERHAD Note Group Company 2022 RM’000 2021 RM’000 2022 RM’000 2021 RM’000 Revenue 6 25,561,543 19,565,891 852,377 499,287 Cost of sales (22,217,789) (16,951,417) (130,237) (113,562) Gross profit 3,343,754 2,614,474 722,140 385,725 Other operating income 7 152,783 95,113 11,826 3,112 Selling and distribution costs (284,486) (203,935) - - Administrative expenses (891,183) (801,475) (35,340) (36,500) (Impairment)/reversal of impairment of financial assets (net) 8 (17,641) 722 (29,110) 96 Other operating expenses 9 (4,435) (10,098) (14,397) (862) Other (losses)/gains, net 10 (392,137) 83,975 - - Operating profit 1,906,655 1,778,776 655,119 351,571 Finance income 11 26,256 22,728 - - Finance costs 11 (126,510) (126,933) (96,002) (78,989) Share of results from associates 24 2,658 3,551 - - Share of results from joint ventures 25 146,164 35,858 - - Profit before zakat and taxation 1,955,223 1,713,980 559,117 272,582 Zakat 14 (35,142) (17,406) - - Taxation 15 (651,480) (520,996) (5,672) (2,664) Profit for the financial year 12 1,268,601 1,175,578 553,445 269,918 Profit attributable to: Owners of the Company 1,329,226 1,167,874 553,445 269,918 Non-controlling interests (60,625) 7,704 - - 1,268,601 1,175,578 553,445 269,918 Earnings per share (“EPS”) attributable to owners of the Company Basic and diluted EPS (sen) 17 36.4 32.0 - - STATEMENTS OF PROFIT OR LOSS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022
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