MR D.I.Y.

GROUP (M) BERHAD

【Company No.: 201001034084 (918007-M)】

INTERIM FINANCIAL REPORT

FOR THE FIRST QUARTER ENDED 31 MARCH 2022

13 MAY 2022
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022
(1)
CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

INDIVIDUAL QUARTER CUMULATIVE QUARTER

31/03/2022 31/03/2021 31/03/2022 31/03/2021
RM'000 RM'000 RM'000 RM'000

Revenue 905,163 870,181 905,163 870,181

Cost of sales (550,409) (503,727) (550,409) (503,727)
Gross profit 354,754 366,454 354,754 366,454
Other operating income 4,857 3,877 4,857 3,877
Administrative expenses (33,163) (31,467) (33,163) (31,467)
Other operating expenses (176,948) (153,616) (176,948) (153,616)
Profit from operations 149,500 185,248 149,500 185,248
Finance costs (15,144) (15,417) (15,144) (15,417)
Share of profit of an associate 166 851 166 851
Profit before tax 134,522 170,682 134,522 170,682
Income tax expense (34,021) (45,891) (34,021) (45,891)
Profit for the period 100,501 124,791 100,501 124,791

Other comprehensive income

Items that may be reclassified subsequently to
profit or loss
Gain on foreign currency translation 94 142 94 142
Other comprehensive income, net of tax 94 142 94 142

Total comprehensive income for the period 100,595 124,933 100,595 124,933

Profit attributable to:

Owners of the Company 100,501 124,791 100,501 124,791
Non-controlling interests - - - -
100,501 124,791 100,501 124,791

Total comprehensive income attributable to:

Owners of the Company 100,595 124,933 100,595 124,933
Non-controlling interests - - - -
100,595 124,933 100,595 124,933

Basic earnings per share (sen) 1.60 1.99 1.60 1.99

Diluted earnings per share (sen) 1.59 1.98 1.59 1.98

Note:

(1) The condensed consolidated statements of profit or loss and other comprehensive income should be read in
conjunction with the audited financial statements for the financial year ended 31 December 2021 and the
accompanying explanatory notes attached to the interim financial report.

1
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022
(1)
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Unaudited Audited
As at As at
31/03/2022 31/12/2021
RM'000 RM'000
ASSETS
Non-current assets
Property, plant and equipment 551,743 531,225
Intangible assets 6,253 6,202
Right-of-use assets 1,113,642 1,057,294
Investment in an associate 7,399 7,893
Deferred tax assets 13,095 13,716
1,692,132 1,616,330

Current assets
Inventories 802,484 748,938
Trade and other receivables 147,965 140,274
Current tax assets 4,385 2,407
Cash and bank balances 163,510 192,650
1,118,344 1,084,269

TOTAL ASSETS 2,810,476 2,700,599

EQUITY AND LIABILITIES

Equity attributable to owners of the Company
Share capital 308,924 303,412
Reserves 946,134 845,780
TOTAL EQUITY 1,255,058 1,149,192

LIABILITIES
Non-current liabilities
Borrowings 15,113 16,191
Lease liabilities 1,019,844 968,349
Provision for restoration costs 21,348 20,340
Deferred tax liabilities 9,172 8,148
1,065,477 1,013,028

Current liabilities
Trade and other payables 124,454 149,839
Borrowings 155,572 192,155
Lease liabilities 155,924 147,269
Provision for restoration costs 695 644
Current tax liabilities 53,296 48,472
489,941 538,379
TOTAL LIABILITIES 1,555,418 1,551,407

TOTAL EQUITY AND LIABILITIES 2,810,476 2,700,599

(2)
Net assets per share attributable to owners of the Company (sen) 19.97 18.30

Notes:
(1) The condensed consolidated statements of financial position should be read in conjunction with the audited
financial statements for the financial year ended 31 December 2021 and the accompanying explanatory notes
attached to the interim financial report.

(2) Computed based on total equity divided by the number of ordinary shares outstanding.

2
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022
(1)
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

Foreign
currency Share Distributable
Share Merger translation options Retained
capital reserve reserve reserve earnings Total equity
RM'000 RM'000 RM'000 RM'000 RM'000 RM'000

At 1 January 2022 303,412 (117,450) 221 6,570 956,439 1,149,192

Net profit for the period - - - - 100,501 100,501

Other comprehensive income - - 94 - - 94
Total comprehensive income - - 94 - 100,501 100,595

Transactions with owners

Issuance of shares 5,512 - - (990) - 4,522
ESOS share options expenses - - - 749 - 749
Total transactions with owners 5,512 - - (241) - 5,271
At 31 March 2022 308,924 (117,450) 315 6,329 1,056,940 1,255,058

At 1 January 2021 295,625 (117,450) 52 1,212 697,237 876,676

Net profit for the period - - - - 124,791 124,791

Other comprehensive income - - 142 - - 142
Total comprehensive income - - 142 - 124,791 124,933

Transactions with owners

ESOS share options expenses - - - 1,647 - 1,647
Total transactions with owners - - - 1,647 - 1,647
At 31 March 2021 295,625 (117,450) 194 2,859 822,028 1,003,256

Note:

(1) The condensed consolidated statements of changes in equity should be read in conjunction with the audited
financial statements for the financial year ended 31 December 2021 and the accompanying explanatory notes
attached to the interim financial report.

3
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022
(1)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
CUMULATIVE QUARTER
31/03/2022 31/03/2021
RM'000 RM'000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax 134,522 170,682
Adjustments for:
Amortisation of intangible assets 525 395
Amortisation of deposits of right-of-use assets 523 -
Depreciation of property, plant and equipment 19,632 16,252
Depreciation of right-of-use assets 41,941 35,220
Interest expense 15,144 15,417
Interest income (547) (342)
Other non-cash items 6,347 5,568
Operating profit before changes in working capital 218,087 243,192
Changes in working capital:
Inventories (60,975) 21,108
Trade and other receivables (7,780) 675
Trade and other payables (40,182) (12,820)
Cash generated from operations 109,150 252,155
Tax paid (29,533) (30,802)
Tax refunded - 132
Net cash from operating activities 79,617 221,485

CASH FLOWS FROM INVESTING ACTIVITIES

Dividend received from an associate 660 -
Interest income received 547 342
Purchase of property, plant and equipment (26,641) (45,284)
Purchase of intangible assets (655) (981)
Proceeds from disposal of property, plant and equipment 721 217
Proceeds from disposal of intangible assets 79 12
Net cash used in investing activities (25,289) (45,694)

CASH FLOWS FROM FINANCING ACTIVITIES

Interest expense paid on:
-borrowings (1,516) (2,018)
-lease liabilities (13,255) (12,848)
Payments of lease liabilities (35,191) (28,461)
Proceeds from share issuance 4,522 -
Repayments of hire purchase creditors (258) (116)
Repayments of term loans (1,193) (1,149)
Repayments of revolving credits (43,333) (18,834)
Net cash used in financing activities (90,224) (63,426)

Net (decrease)/increase in cash and cash equivalents (35,896) 112,365

Effects of exchange rate changes on cash and cash equivalents 37 107
Cash and cash equivalents at the beginning of financial period 175,879 64,773
Cash and cash equivalents at the end of financial period 140,020 177,245

4
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022
(1)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)

CUMULATIVE QUARTER
31/03/2022 31/03/2021
RM'000 RM'000

Cash and cash equivalents comprise:

Cash and bank balances 124,121 77,971

Deposits with licensed banks 39,389 122,194
163,510 200,165
Less: Bank overdraft included in borrowings (23,490) (22,920)
140,020 177,245

Note:

(1) The condensed consolidated statements of cash flows should be read in conjunction with the audited financial
statements for the financial year ended 31 December 2021 and the accompanying explanatory notes attached to
the interim financial report.

5
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

NOTES TO INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022

1. Basis of Preparation

The interim financial report of Mr D.I.Y. Group (M) Berhad (the "Company") and its subsidiaries (collectively, the
"Group") is unaudited and has been prepared in accordance with the requirements of the Malaysian Financial
Reporting Standards (“MFRS”) 134: Interim Financial Reporting issued by the Malaysian Accounting Standards
Board and Paragraph 9.22 and Appendix 9B of the Main Market Listing Requirements of Bursa Malaysia Securities
Berhad.

The interim financial report should be read in conjunction with the audited financial statements for the financial year
ended 31 December 2021 and the accompanying explanatory notes attached to the interim financial report.

2. Accounting Policies

The significant accounting policies adopted by the Group in this interim financial report are consistent with those
adopted in the audited financial statements of the Group for the financial year ended 31 December 2021 except for
the adoption of the following new accounting standards, amendments and interpretation:

2.1 New MFRS adopted during the financial period

Title Effective Date

Annual Improvements to MFRS Standards 2018 - 2020 1 January 2022
Amendments to MFRS 3 Reference to the Conceptual Framework 1 January 2022
Amendments to MFRS 116 Property, Plant and Equipment - Proceeds before
Intended Use 1 January 2022
Amendments to MFRS 137 Onerous Contracts - Cost of Fulfilling a Contract 1 January 2022

The adoption of the above amendments to MFRSs do not have a material impact on the financial statements of the
Group.

3. Auditors' Report

There was no qualification on the audited financial statements of the Group for the financial year ended 31
December 2021.

4. Seasonal or Cyclical Factors

The business operations of the Group typically experience higher customer traffic, transaction value and sales
during weekends, public holidays, school holidays and festive periods.

5. Unusual Items Affecting Assets, Liabilities, Equity, Net Income or Cash Flows

There were no unusual items affecting assets, liabilities, equity, net income or cash flows of the Group during the
current quarter and financial period under review.

6. Material Changes in Estimates

There was no changes in estimates of amounts reported that have a material effect in the current quarter and
financial period under review.

7. Debts and Equity Securities

During the current financial period under review, the Company issued 2,826,600 ordinary shares at the price of
RM1.60 arising from the exercise of the Employees' Share Option Scheme.

Other than the above, there was no issuance, cancellation, repurchase, resale or repayment of debt and equity
securities in the current financial period under review.

6
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

NOTES TO INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022
8. Dividend

No dividend was paid during the current quarter and financial period under review.

Declared
On 16 February 2022, the Company declared an interim single tier dividend of RM0.009 per ordinary share
amounted to RM56.5 million in respect of the financial year ended 31 December 2021, which was paid on 1 April
2022.

On 13 May 2022, the Company declared an interim single tier dividend of RM0.007 per ordinary share
approximately RM44.0 million in respect of the financial year ending 31 December 2022, to be paid on 24 June
2022 to shareholders of the Company whose name appear in the Record of Depositors on 3 June 2022.

9. Segment reporting
The Group is organised into two (2) reportable segments based on their geographical locations. The reportable
segments are summarised as follows:
(i) Malaysia; and
(ii) Brunei
The segmental information for the financial period ended 31 March 2022 is as follows:
Malaysia Brunei Eliminations Total
RM'000 RM'000 RM'000 RM'000
Revenue
Sales to external customers 899,261 5,902 - 905,163
Inter-segment sales 2,078 - (2,078) -
Total revenue 901,339 5,902 (2,078) 905,163
Results
Profit from operations 147,767 1,712 21 149,500
Interest expense (14,929) (215) - (15,144)
Share of profit of an associate 166 - - 166
Profit before tax 133,004 1,497 21 134,522
Income tax expense (33,809) (200) (12) (34,021)
Net profit for the financial period 99,195 1,297 9 100,501
Segment assets 2,775,603 35,458 (585) 2,810,476
Segment liabilities 1,534,705 20,972 (259) 1,555,418

The segmental information for the financial period ended 31 March 2021 is as follows:
Malaysia Brunei Eliminations Total
RM'000 RM'000 RM'000 RM'000
Revenue
Sales to external customers 862,680 7,501 - 870,181
Inter-segment sales 4,002 - (4,002) -
Total revenue 866,682 7,501 (4,002) 870,181
Results
Profit from operations 187,453 2,411 (4,616) 185,248
Interest expense (15,223) (194) - (15,417)
Share of profit of an associate 851 - - 851
Profit before tax 173,081 2,217 (4,616) 170,682
Income tax expense (45,569) (337) 15 (45,891)
Net profit for the financial period 127,512 1,880 (4,601) 124,791
Segment assets 2,419,848 27,576 (1,753) 2,445,671
Segment liabilities 1,424,720 19,085 (1,390) 1,442,415

7
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

NOTES TO INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022

10. Property, Plant and Equipment

(a) Acquisitions and disposals

There was no material acquisition and disposals of property, plant and equipment during the current quarter
and financial period under review.

(b) Valuation
There was no valuation of property, plant and equipment in the current quarter and financial period under
review as the Group has not adopted a revaluation policy on its property, plant and equipment.

11. Capital Commitments

Capital expenditure in respect of purchase of property, plant and equipment:

31/03/2022 31/12/2021
RM'000 RM'000
- Approved but not contracted for 280,642 351,228
- Contracted but not provided for 39,933 30,770
320,575 381,998

12. Material Events Subsequent to the End of Financial Period

There was no material event subsequent to the end of the current quarter up to the date of the interim financial
report.

13. Changes in the Composition of the Group

There was no material changes in the composition of the Group during the current quarter and financial period
under review.

14. Changes in Contingent Liability

There was no material contingent liability as at the end of the current financial period and up to the date of the
interim financial report.

15. Significant Related Party Transactions

INDIVIDUAL QUARTER CUMULATIVE QUARTER
31/03/2022 31/03/2021 31/03/2022 31/03/2021
RM'000 RM'000 RM'000 RM'000
Associate:
Purchases of equipment and computer software 2,034 2,130 2,034 2,130
Purchases of goods 642 1,922 642 1,922

Companies in which certain Directors have

financial interests:
Sales of goods 4,605 5,718 4,605 5,718
Management fees received/ receivables 1,263 1,712 1,263 1,712

The related party transactions described above were carried out in the ordinary course of business and have been
established under negotiated and mutually agreed terms.

8
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

NOTES TO INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022

16. Fair Value of Financial Liabilities

There was no gain or loss arising from fair value changes of the Group's financial liabilities for the current quarter
and financial period under review.

17. Performance Review

1QFY2022 vs 1QFY2021

In February 2022, Malaysia experienced a fourth wave of the Covid-19 pandemic. The emergence of the highly
viral but milder Omicron variant drove up infection rates, resulting in a drop in consumer spending and foot traffic to
stores as the public erred on the side of caution to reduce the risk of infection. The number of cases also resulted
in a number of stores being closed intermittently for sanitisation and cleaning to ensure the health and safety of
customers and staff.

Despite these challenges, revenue for the first quarter of financial year 2022 (“1QFY22”) rose 4.0% year-on-year
(“y-o-y”) to RM905.2 million compared to the corresponding prior period (“1QFY21”). The increase in revenue was
mainly driven by contribution from new stores; the number of stores grew 20.2% y-o-y to 947 stores in 1QFY22.

Total transactions for 1QFY22 were also higher, rising 8.1% y-o-y to 32.3 million. This was partially offset by a
lower average basket size of RM27.8, a 3.7% y-o-y reduction. Average sales per store in the 1QFY22 also declined
14.1% y-o-y, a reflection of the above-mentioned conditions.

Gross profit (“GP”) for the 1QFY222 was 3.2% y-o-y lower at RM354.8 million, mainly due to higher freight costs,
weakening in the Ringgit Malaysia vs the Renminbi and the United States Dollar, as well as the impact of a
proactive 3-month “Price Lock” promotional campaign, which we initiated in 4QFY2021 as a means of cementing
our “Always Low Prices” brand promise amongst consumers. GP margin was 2.9 percentage points lower y-o-y,
mainly due to the above-mentioned reasons, higher contribution from the sale of lower-margin products and higher
revenue contributions from MR DOLLAR. As at 1QFY22, the Group had 55 MR DOLLAR stores versus 36 in
1QFY21.

The Group also reported other operating income of RM4.9 million for 1QFY22, mainly comprising management
fees, accretion of discount from security and utility deposits on leases, as well as rental concessions.

Administrative and operating expenses for the 1QFY22 rose 5.4% and 15.2% y-o-y respectively, mainly attributed
to higher staff cost, utilities, depreciation of right-of-use assets and fixed assets in line with the higher number of
stores.

Profit before tax and profit after tax declined by 21.2% and 19.5% y-o-y to RM134.5 million and RM100.5 million
respectively, mainly due to these higher expenses and in line with higher store openings.

9
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

NOTES TO INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022

18. Comparison With Immediate Preceding Quarter's Results

The Group’s 1QFY22 revenue and PBT of RM905.2 million and RM134.5 million were 7.2% and 24.9% lower
respectively compared to 4QFY21, mainly due to the short-term resurgence in the number of Covid-19 cases due
to the Omicron variant. GP margin was 1.2 percentage points lower mainly attributed to higher freight costs,
weakening in the Ringgit Malaysia vs the Renminbi and the United States Dollar, and the proactive 3-month “Price
Lock” campaign.

19. Prospects

The Group has made good progress through the period and is optimistic about its prospects going forward, on the
strength of the MR. D.I.Y. business model, the strong unit economics of our flagship MR. D.I.Y. stores, and by
driving new store growth. The Covid-19 pandemic has affected global commodity markets, the global logistics
network and currency exchange rates, which has resulted in us facing several challenges, particularly with supply
chain disruptions and global price inflation. We will continue to monitor our supply chain and corresponding input
costs in order to manage cost increases effectively and to maintain margins at acceptable levels. We remain
committed to driving growth, by delivering on our promise of "Always Low Prices”.

20. Variance of Actual Profit from Profit Forecast or Profit Guarantee

The Group has not issued any profit forecast or profit guarantee in any form of public documentation and
announcement.

21. Status of Corporate Proposal

There were no material corporate proposals announced and not completed as at the date of this report, except for
the following:

Proposed bonus issue of shares ("Proposed Bonus Issue")

On 25 April 2022, the Company announced a proposed bonus issue of up to 3,144,186,250* new ordinary shares
in the Company (“Bonus Shares”) on the basis of 1 new ordinary share (“Share”) for every 2 existing Shares in the
Company held on an entitlement date to be determined and announced later (“Entitlement Date”).

Subsequently, on 9 May 2022, the Company announced that the additional listing application in relation to the
Bonus Shares had been submitted to Bursa Malaysia Securities Berhad.

The Proposed Bonus Issue entails the issuance of the Bonus Shares on the basis of 1 new Share for every 2
existing Shares held by the entitled shareholders of the Company whose names appear in the Record of
Depositors of the Company as at the close of business on the Entitlement Date (“Entitled Shareholder(s)”).

Barring any unforeseen circumstances and subject to all requisite approvals being obtained, the Proposed Bonus
Issue is expected to be completed by the second quarter of calendar year 2022.

* The final number of new ordinary shares to be allotted and issued to Entitled Shareholders will be determined
based on the actual number of Shares in issue as at the Entitlement Date.

10
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

NOTES TO INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022

22. Profit Before Tax

Profit before tax for the current quarter and current year is arrived at after charging/(crediting):-

INDIVIDUAL QUARTER CUMULATIVE QUARTER

31/03/2022 31/03/2021 31/03/2022 31/03/2021
RM'000 RM'000 RM'000 RM'000

Accretion of discount on deposits (488) - (488) -

Amortisation of deposits of right-of-use assets 523 - 523 -
Amortisation of intangible assets 525 395 525 395
Depreciation of property, plant and equipment 19,632 16,252 19,632 16,252
Depreciation of right-of-use assets 41,941 35,220 41,941 35,220
Interest income (547) (342) (547) (342)
Inventory losses 3,078 3,388 3,078 3,388
Inventories written off 4,385 2,280 4,385 2,280
Gain on disposal of property, plant and equipment (16) (189) (16) (189)
Gain/(loss) on reassessments and modifications of leases (1,106) (440) (1,106) (440)
Realised (gain)/loss on foreign exchange (77) 48 (77) 48
Unrealised loss/(gain) on foreign exchange 12 (36) 12 (36)

Save as disclosed above, the other disclosure items pursuant to Paragraph 16, Part A of Appendix 9B of the Main
Market Listing Requirements of Bursa Malaysia Securities Berhad are not applicable.

23. Taxation
INDIVIDUAL QUARTER CUMULATIVE QUARTER
31/03/2022 31/03/2021 31/03/2022 31/03/2021
RM'000 RM'000 RM'000 RM'000
Current year tax expense
- current period 32,376 45,367 32,376 45,367
- over provision in prior years - - - -
32,376 45,367 32,376 45,367
Deferred tax
- relating to origination and reversal of
temporary differences 1,990 329 1,990 329
- (over)/under provision in prior years (345) 195 (345) 195
1,645 524 1,645 524

Tax expense 34,021 45,891 34,021 45,891

Effective tax rate 25.3% 26.9% 25.3% 26.9%

The tax charge for the Group reflects an effective tax rate which is higher than the statutory tax rate of 24% mainly
due to certain expenses which are not deductible for tax purposes.

11
MR D.I.Y. GROUP (M) BERHAD
[Company No: 201001034084 (918007 - M)]
(Incorporated in Malaysia)

NOTES TO INTERIM FINANCIAL REPORT FOR THE FIRST QUARTER ENDED 31 MARCH 2022

24. Borrowings
As at As at
31/03/2022 31/12/2021
RM'000 RM'000
Non-current liabilities

Secured
Hire purchase creditors 2,809 2,650
Term loans 12,304 13,541
15,113 16,191
Current liabilities

Secured
Bank overdraft 23,490 16,771
Revolving credits 126,667 170,000
Hire purchase creditors 605 619
Term loans 4,810 4,765
155,572 192,155
Total borrowings
Bank overdraft 23,490 16,771
Revolving credits 126,667 170,000
Hire purchase creditors 3,414 3,269
Term loans 17,114 18,306
170,685 208,346
The above borrowings are denominated in Ringgit Malaysia.

25. Derivatives

There was no derivatives in the current quarter and financial period under review.

26. Material Litigation

There is no material litigation for the current financial period to date.

27. Earnings Per Share

INDIVIDUAL QUARTER CUMULATIVE QUARTER
31/03/2022 31/03/2021 31/03/2022 31/03/2021

Profit attributable to owners of the Company (RM'000) 100,501 124,791 100,501 124,791

Weighted average number of ordinary shares

in issue ('000) 6,281,819 6,276,600 6,281,819 6,276,600

Basic earnings per ordinary share (sen) 1.60 1.99 1.60 1.99

Weighted average number of ordinary shares

in issue ('000) 6,281,819 6,276,600 6,281,819 6,276,600
Effect of dilution of share options ('000) 23,287 25,321 23,287 25,321
Weighted average number of ordinary shares
in issue (Diluted) ('000) 6,305,107 6,301,921 6,305,106 6,301,921

Diluted earnings per ordinary share (sen) 1.59 1.98 1.59 1.98

12