The following table sets out the financial results for year ended [FYE] 31st December 2016 to 31st December 2019. The financial results FYE 2016 are made up of combined statements of comprehensive income which have been prepared for illustrative purposes only.


Financial Period / Year Ended 2020
31-Mar
2019
31-Dec
2018
31-Dec
2017
31-Dec
2016
31-Dec
No. of Months 3 12 12 12 12
  Unaudited Audited Audited Audited Audited
  RM'000 RM'000 RM'000 RM'000 RM'000
           
Revenue 256,305 1,056,458 1,105,417 1,015,410 1,058,834
Cost of sales (234,118) (956,381) (1,003,909) (913,918) (960,012)
Gross Profit 22,187 100,077 101,508 101,492 98,822
           
Other operating income 1,700 8,614 7,752 9,862 12,030
Fair value adjustment on investment properties - 650 5,393 150 10,571
Administrative expenses, distribution expenses and other expenses (17,555) (63,157) (61,008) (58,456) (51,057)
Net loss on impairment of financial instruments - (6,050) (2,796) - -
Profit From Operations 6,332 40,134 50,849 53,048 70,367
Finance costs (5,934) (24,682) (22,323) (16,207) (16,276)
Profit Before Taxation (before listing expenses) 398 15,452 28,526 36,842 54,091
Listing expenses - - - - (2,920)
Share of results of associates 936 7,471 5,223 2,617 -
Profit Before Taxation (after listing expenses) 1,334 22,923 33,749 39,458 51,170
Taxation (676) (7,621) (9,650) (9,846) (9,745)
Profit After Taxation 658 15,302 24,099 29,612 41,426
           

The financial performance should be read in conjunction with the latest Quarterly Reports, Annual Reports and Chin Hin Group Berhad's Prospectus dated 18 February 2016.