Financial Year Ended 31 December 2023 2022 2021 2020 2019
  12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
Key Financials
Revenue (RM'000) 374,481 261,591 204,047 242,643 358,424
Profit Before Taxation (PBT) (RM'000) (31,745) (2,067)
7351(3) 25,877 21,912
Profit After Taxation (PAT) (RM'000) (32,885) (3,397) 2,473 16,169 15,657
Financial Position
Total Assets (RM'000) 246,390 226,188 181,711 180,092 161,370
Total Borrowings (RM'000) 52,667 43,547 25,683 21,664 18,572
Total Equity (RM'000) 57,650 83,301 86,222 74,787 41,886
Cash and Cash Equivalents (RM'000) 5,049(4) 16,577(4) 31,921 48,105 15,020
 
Key Ratios
PAT Margin (%) (8.78) (1.30) 1.21 6.66 4.37
Basic Earnings Per Share (1) (sen) (8.13) (0.87) 0.67 4.49 4.35
Gearing Ratio (times) 0.91 0.52 0.30 0.29 0.44
Net Assets per Share (2) (sen) 14.27 21.36 22.11 20.77 15.51

Notes:

(1) Calculated based on (“LAT”)/ PAT over the issued share capital of 403,964,384 (2022: 390,000,000; 2021:
390,000,000; 2020:360,000,000; 2019:270,000,000) shares.
(2) Calculated based on Total Equity over the issued share capital of 403,964,384 (2022: 390,000,000; 2021:
390,000,000; 2020:360,000,000; 2019:270,000,000) shares.
(3) Adjusted for one-off impairment of financial assets amounting to RM4.135 million.
(4) Adjusted for bank overdraft amounting to RM9.568 million (2022: 11.499 million).