MIGHT Financial Report 2020

13

MIGHT Directors’ Report And Audited Financial Statements 2020

MALAYSIAN INDUSTRY - GOVERNMENT GROUP FOR HIGH TECHNOLOGY (320059 - P) (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) (INCORPORATED IN MALAYSIA)

STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

GROUP

COMPANY

NOTE

2020 RM

2020 RM

2019 RM

2019 RM

3,587,916 (736,645) 2,851,271

9,509,092 (641,040) 8,868,052 21,376,543 (15,237,064) (6,446,157) 8,561,374 (6,742) - 8,554,632 - 8,554,632

4,467,916 (736,645) 3,731,271

3,156,865 (641,040) 2,515,825 75,011,924 (21,378,500) (24,932,173) 31,217,076 (6,742) - 31,210,334 (121,256) 31,089,078

Revenue Cost of services provided Gross surplus

17

23,285,085 (15,977,069) (12,500,755) (2,341,468) (367) - (2,341,835) - (2,341,835)

55,012,625 (21,893,556) (19,017,330) 17,833,010 (367) 348,687 18,181,330 (114,905) 18,066,425

Other operating income Administrative expenses Other operating expenses Operating surplus/(deficit) Finance costs Share of results in an associate Surplus/(Deficit) before tax Tax expense Net surplus/(deficit) for the financial year Other comprehensive income, net of tax Total comprehensive income/(loss)

18 6 19

- (2,341,835)

- 8,554,632

- 18,066,425

- 31,089,078

The accompanying notes form an integral part of the financial statements.

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