FGV Annual Report 2020

Group 2020 RM’000 2019 RM’000 Revenue 14,075,712 13,259,012 Cost of sales (12,501,668) (12,049,310) Gross profit 1,574,044 1,209,702 Other operating income 132,499 100,391 Selling and distribution costs (114,671) (149,908) Administrative expenses (774,343) (861,554) Reversal of impairment/(impairment) of financial assets (net) 7,793 (86,300) Impairment of non-financial assets (net) (242,074) (168,262) Other operating expenses (22,697) (3,558) Other losses, net (116,034) (234,499) Operating profit/(loss) 444,517 (193,988) Finance income 39,612 25,085 Finance costs (161,872) (183,158) Share of results from associates 366 (1,625) Share of results from joint ventures 23,441 14,858 Profit/(loss) before zakat and taxation 346,064 (338,828) Zakat (16,300) (6,397) Taxation (195,571) (25,931) Profit/(loss) for the financial year 134,193 (371,156) Profit/(loss) attributable to: Owners of the Company 146,156 (246,174) Non-controlling interests (11,963) (124,982) 134,193 (371,156) Earnings per share (“EPS”) attributable to owners of the Company Basic and diluted EPS (sen) 4.0 (6.7) STATEMENTS OF PROFIT OR LOSS 51 Who We Are How We Operate How We Are Governed Additional Information Sustainability Matters Statement & Discussion By Our Leaders