| Financial Year Ended 30 June / 31 December | 2024 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| 12 months (Audited) |
18 months (Audited) |
12 months (Audited) |
12 months (Audited) |
12 months (Audited) |
|
| Key Financials | |||||
| Revenue (RM'000) | 186,203 | 193,304 | 112,442 | 87,526 | 80,031 |
| Gross Profit (GP) (RM'000) | 29,126 | 29,495 | 29,210 | 27,013 | 20,674 |
| Profit Before Taxation (PBT) (1) (RM'000) | 4,093 | 4,407 | 17,030 | 16,424 | 11,283 |
| Profit After Taxation (PAT) From Continuing Operations (1) (RM'000) | 737 | 2,844 | 12,111 | 11,783 | 9,713 |
| (LAT)/PAT Attributable to Owners of The Group (LATMI/PATMI) - From Continuing Operations (1) (RM'000) | (845) | (358) | 10,758 | 11,760 | 9,678 |
| LAT Attributable to Owners of The Group (LATMI) - From Discontinued Operations (RM'000) | - | - | - | - | - |
| Total Assets (RM'000) | 231,714 | 162,205 | 102,610 | 85,110 | 80,303 |
| Total Equity (RM'000) | 93,680 | 84,518 | 81,484 | 62,713 | 30,773 |
| Key Ratios | |||||
| GP Margin (%) | 15.64 | 15.26 | 25.98 | 30.86 | 25.83 |
| PBT Margin (%) | 2.20 | 2.28 | 15.15 | 18.76 | 14.10 |
| (LATMI)/PATMI Margin - Continuing Operations (2) (%) | (0.46) | (0.20) | 9.56 | 13.43 | 12.09 |
| LATMI Margin - Discontinued Operations (3) (%) | - | - | - | - | - |
| Gross EPS (4) (sen) | 1.32 | 1.52 | 5.94 | 6.46 | 4.95 |
| Net (LPS)/EPS - Continuing Operations (5) (sen) | (0.27) | (0.12) | 3.75 | 4.62 | 4.25 |
| Net LPS - Discontinued Operations (6) (sen) | - | - | - | - | - |
| Diluted Net (LPS)/EPS - Continuing Operations (7) (sen) | (0.27) | (0.12) | 3.75 | 4.62 | 3.40 |
| Diluted Net LPS - Discontinued Operations (8) (sen) | - | - | - | - | - |
| Net Assets Per Share (9) (RM) | 0.30 | 0.29 | 0.28 | 0.25 | 0.14 |
| Average Trade Receivables Turnover (10) (days) | 77 | 47 | 31 | 54 | 75 |
| Average Trade Payables Turnover (11) (days) | 97 | 57 | 25 | 33 | 54 |
| Average Inventory Turnover (12) (days) | 67 | 62 | 147 | 151 | 143 |
| Current Ratio (13) (times) | 1.32 | 1.56 | 3.88 | 2.70 | 1.24 |
| Gearing Ratio (14) (times) | 0.86 | 0.34 | 0.09 | 0.12 | 0.37 |
Notes:
| (1) | Our losses recorded for the Financial Year Ended (FYE) 2016 were mainly attributed to Amsito Oilwell Services (Malaysia) Sdn Bhd (Amsito). The revenue generated by Amsito was insufficient to support its direct operational expenses mainly comprised depreciation of wireline equipment, direct labour costs and rental of equipment during the FYE 2016. In addition, our overall Group revenue for the FYE 2016 was adversely affected by the decline in global crude oil prices during the year, which resulted in lower Oil & Gas industry activities in the upstream sector. |
| (2) | The PATMI/LATMI margin from continuing operations is calculated based on PAT/LAT attributable to the owners of our Company from continuing operations divided by the revenue. |
| (3) | The PATMI/LATMI margin from discontinued operations is calculated based on PAT/LAT attributable to the owners of our Company from discontinued operations divided by the revenue. |
| (4) | The gross EPS is calculated based on PBT of our Company divided by the issued share capital of 227,874,000 Shares after the Subdivision, Acquisitions and Transfer. |
| (5) | The net EPS/LPS from continuing operations is calculated based on PAT/LAT attributable to the owners of our Company from continuing operations divided by the issued share capital of 227,874,000 Shares after the Subdivision, Acquisitions and Transfer. |
| (6) | The net EPS/LPS from discontinued operations is calculated based on PAT/LAT attributable to the owners of our Company from discontinued operations divided by the issued share capital of 227,874,000 Shares after the Subdivision, Acquisitions and Transfer. |
| (7) | The diluted net EPS/LPS from continuing operations is calculated based on PAT/LAT attributable to the owners of our Company from continuing operations divided by the enlarged issued share capital of 285,000,000 Shares after the Public Issue. |
| (8) | The diluted net EPS/LPS from discontinued operations is calculated based on PAT/LAT attributable to the owners of our Company from discontinued operations divided by the enlarged issued share capital of 285,000,000 Shares after the Public Issue. |
| (9) | Based on net assets divided by the issued share capital of 227,874,000 Shares after the Subdivision, Acquisitions and Transfer. |
| (10) | Based on dividing the average closing balance of trade receivables after deducting impairment for doubtful debt, amount written off and charged as expenses (net trade receivables) by the revenue of the respective financial years. Average closing balance of net trade receivables for a particular financial year is calculated by adding the value of that financial year’s closing balance of net trade receivables with that of the previous financial year and dividing the total by two (2). |
| (11) | Based on dividing the average closing balance of trade payables by the cost of sales of the respective financial years. Average closing balance of trade payables for a particular financial year is calculated by adding the value of that financial year’s closing balance of trade payables with that of the previous financial year and dividing the total by two (2). |
| (12) | Based on dividing the average closing balance of inventories for well perforating services, which comprised solely of perforating explosives and hardware for well perforating services, by the cost of sales for well perforating services of the respective financial years. Average closing balance of inventories for a particular financial year is calculated by adding the value of that financial year’s closing balance of inventories with that of the previous financial year and dividing the total by two (2). |
| (13) | Based on current asset divided by current liabilities. |
| (14) | Based on total borrowings divided by total equity. |
Please read this section in conjunction with Reservoir Link Energy Bhd’s Prospectus dated 25 June 2020 and Annual Report 2024.