2004 - Hiap Teck Venture Berhad

Income Statements
for the year ended 31 July 2004
GROUP
COMPANY
Note 2004 2003 2004 2003
RM'000 RM'000 RM'000 RM'000
Revenue 19 685,848 478,203 16,346 785
Cost of sales 20 (595,355) (415,927) - -
Gross profit 90,493 62,276 16,346 785
Other operating income 7,047 4,777 164 41
Pre-operating cost (242) (27) - (27)
Property operating cost (2,015) (1,611) (1,209) (833)
Factory overhead cost - (458) - -
Administrative expenses (17,553) (12,222) (4,448) (20)
Selling and marketing expenses (10,975) (10,151) - -
Other operating expenses (1,413) (1,061) - -
Profit/(loss) from operations 21 65,342 41,523 10,853 (54)
Finance costs 24 (7,714) (12,235) - -
Profit/(loss) before taxation 57,628 29,288 10,853 (54)
Taxation 25 (16,282) (8,666) (3,316) 8
Profit/(loss) for the year 41,346 20,622 7,537 (46)
Earnings per share (sen):
Basic 26 12.93 31.71
Dividends per share (sen): 27 1.80 1.80
The accompanying notes form an integral part of the financial statements.
HIAP TECK VENTURE BERHAD
25