Financial Year Ended 31 December 2025 2024 2023 2022 2021
  3 months
(Unaudited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
Presented in RM'000          
Revenue 69,147 327,775 325,431 300,875 206,519
Cost of sales (42,032) (193,820) (182,502) (171,680) (122,488)
Gross profit 27,115 133,955 142,929 129,195 84,031
Other income 479 3,454 3,071 2,933 5,235
Net allowance of expected credit loss on receivables - (19) - - 2
Administrative and other expenses (25,798) (113,505) (105,624) (78,270) (52,034)
Selling and distribution expenses (1,715) (8,104) (7,757) (10,851) (8,106)
Profit from operation 81 15,781 32,619 43,007 29,128
Finance income 234 1,101 933 7 172
Finance costs (1,846) (7,444) (6,292) (4,173) (2,820)
Negative goodwill - - - - 6
(Loss)/Profit before tax (1,531) 9,438 27,260 38,841 26,486
Tax expense (301) (4,623) (9,886) (9,726) (6,168)
(Loss)/Profit for the financial years/financial period to date (1,832) 4,815 17,374 29,115 20,318
 
Other comprehensive (loss)/income:          
Items that will be reclassified subsequently to profit or loss          
Foreign currency translation (1,305) (7,017) 1,938 2,277 405
Other comprehensive (loss)/income for the financial years/financial period to date, net of tax (1,305) (7,017) 1,938 2,277 405
Total comprehensive (loss)/income for the financial years/financial period to date (3,137) (2,202) 19,312 31,392 20,723
 
(Loss)/Profit attributable to:
Owners of the Company (1,105) 5,924 17,631 26,652 18,235
Non-controlling interests (727) (1,109) (257) 2,463 2,083
(Loss)/Profit for the financial years/financial period to date (1,832) 4,815 17,374 29,115 20,318
 
Total comprehensive (loss)/income attributable to:
Owners of the Company (1,750) 397 19,942 28,479 18,545
Non-controlling interests (1,387) (2,599) (630) 2,913 2,178
Total comprehensive (loss)/income for the financial years/financial period to date (3,137) (2,202) 19,312 31,392 20,723
 
Basic earnings per share (sen) (0.13) 0.72 2.15* 3.25* 2.22*

Notes:

* The historical basic EPS computed would not be reflective of the Company's financial position after the IPO in FY2023. As such, the historical basic EPS from FY2021 to FY2023 are computed as PATAMI divided by the enlarged number of issued Shares of 820,868,600 Shares after the IPO as it provides a better reflection of the Group's current financial position.

^ Please read this section in conjunction with MST Golf Group Berhad's 2023 Annual Report.