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Interim condensed consolidated statements of comprehensive income (Unaudited)
6 Months Ended
Jun. 30, 2024
MYR (RM)
RM / shares
Jun. 30, 2024
USD ($)
$ / shares
Jun. 30, 2023
MYR (RM)
RM / shares
Jun. 30, 2023
USD ($)
$ / shares
Profit or loss [abstract]        
Revenue RM 61,483,330 $ 13,033,862 RM 44,463,195 $ 9,525,310
Revenue – related party 3,268,262 692,839
Total revenue 64,751,592 13,726,701 44,463,195 9,525,310
Other income 491,401 104,172 1,054,906 225,992
Cost of services (3,981,563) (844,052) (6,049,234) (1,295,922)
Depreciation (510,568) (108,235) (274,425) (58,790)
Directors’ fees (10,672,584) (2,262,483) (5,435,664) (1,164,477)
Employee benefits expenses (7,705,426) (1,633,475) (7,770,225) (1,664,608)
Impairment allowance on trade receivables (368,459) (78,110)
Rental expenses (269,160) (57,059) (149,951) (32,124)
Legal and professional fees (3,531,157) (748,571) (1,473,823) (315,736)
Finance cost (28,786) (6,102) (15,875) (3,401)
Other operating expenses (11,935,191) (2,530,143) (3,668,557) (785,912)
Profit before income tax 26,240,099 5,562,643 20,680,347 4,430,332
Income tax expense (826,402) (175,189) (626,143) (134,138)
Profit for the period 25,413,697 5,387,454 20,054,204 4,296,194
Other comprehensive income/(loss):        
Currency translation arising from consolidation 1,272,834 272,678
Fair value adjustment on financial assets measured at fair value through other comprehensive income (5,536,577) (1,173,700)
Transfer upon disposal of equity instruments (7,018,825) (1,487,922)
Total comprehensive income for the period 12,858,295 2,725,832 21,327,038 4,568,872
Profit attributable to:        
Equity owners of the Company 27,909,404 5,916,519 21,203,387 4,542,382
Non-controlling interests (2,495,707) (529,065) (1,149,183) (246,188)
Total 25,413,697 5,387,454 20,054,204 4,296,194
Total comprehensive income attributable to:        
Equity owners of the Company 15,354,002 3,254,897 22,476,221 4,815,060
Non-controlling interests (2,495,707) (529,065) (1,149,183) (246,188)
Total RM 12,858,295 $ 2,725,832 RM 21,327,038 $ 4,568,872
Earnings per share - Basic | (per share) RM 0.36 $ 0.08 RM 0.55 $ 0.12