FY 2011 Annual Report - Sheng Siong
FY 2011 Annual Report - Sheng Siong
FY 2011 Annual Report - Sheng Siong
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<strong>Sheng</strong> <strong>Siong</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2011</strong><br />
Consolidated Statement of Comprehensive Income<br />
Year ended 31 December <strong>2011</strong><br />
Note <strong>2011</strong> 2010<br />
$’000 $’000<br />
Revenue 16 578,443 628,432<br />
Cost of sales (450,595) (491,675)<br />
Gross profit 127,848 136,757<br />
Other income 3,252 15,918<br />
Distribution expenses (4,122) (4,372)<br />
Administrative expenses (91,567) (98,314)<br />
Other expenses (1,138) (1,284)<br />
Results from operating activities 34,273 48,705<br />
Finance income 19 25<br />
Finance costs (82) –<br />
Net finance (costs)/income 17 (63) 25<br />
Profit before income tax 18 34,210 48,730<br />
Income tax expense 19 (6,954) (6,095)<br />
Profit for the year 27,256 42,635<br />
Other comprehensive income – –<br />
Profit attributable to owners of the Company 27,256 42,635<br />
Total comprehensive income attributable to<br />
owners of the Company 27,256 42,635<br />
Earnings per share<br />
– Basic and diluted (cents) 21 2.21 3.74<br />
The accompanying notes form an integral part of these financial statements.<br />
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