80 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 6 REVENUE The Group and Company derive the following types of revenue: Group 2023 RM’000 2022 RM’000 Revenue from contracts with customers 19,081,375 25,155,981 Revenue from other sources 277,811 405,562 19,359,186 25,561,543 (a) Disaggregation of revenue from contracts with customers: 2023 Plantation RM’000 Sugar RM’000 Logistics and Support Business RM’000 Corporate HQ and Others RM’000 Total RM’000 Major goods and services: Sales of crude palm oil (“CPO”) 8,143,582 - - - 8,143,582 Sales of processed palm oil (“PPO”) 1,743,861 - - - 1,743,861 Sales of refined sugar and molasses - 3,040,806 - - 3,040,806 Sales of palm kernel (“PK”) 548,536 - - - 548,536 Sales of fertiliser, packed products and others 2,258,784 - - - 2,258,784 Sales of fatty acids 1,047,552 - - - 1,047,552 Sales of rubber products 397,811 - - - 397,811 Sales of crude palm kernel oil (“CPKO”) 912,939 - - - 912,939 Sales of biodiesel products 378,744 - - - 378,744 Services rendered 64,476 2,336 390,679 1,017 458,508 Sales of fresh fruit bunches “FFB”) 36,788 - - - 36,788 Freight income 52,850 - - - 52,850 Others 5,909 - 17,221 37,484 60,614 15,591,832 3,043,142 407,900 38,501 19,081,375 Timing of revenue recognition - at a point in time 15,505,031 3,040,806 99,104 37,484 18,682,425 - over time 86,801 2,336 308,796 1,017 398,950 15,591,832 3,043,142 407,900 38,501 19,081,375
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