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SUSTAINABILITY EFFECTIVE CORPORATE FINANCIAL ADDITIONAL DETAILS OF THE ANNUAL
REPORT LEADERSHIP GOVERNANCE STATEMENTS INFORMATION GENERAL MEETING

NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

15 EARNINGS/(LOSS) PER SHARE
Group
2020 2019
RM’000 RM’000
Continuing operations

Profit/(Loss) for the financial year attributable to owners of the Company 3,863 (288,490)

Weighted average number of ordinary shares in issue (‘000) 702,980 702,980

Basic and diluted earnings/(loss) per share (sen) 0.55 (41.04) 183

Discontinuing operations
Loss for the financial year attributable to owners of the Company (75,091) (11,279)

Weighted average number of ordinary shares in issue (‘000) 702,980 702,980

Basic and diluted loss per share (sen) (10.68) (1.60)
There is no diluted earnings per share as there is no potential dilutive ordinary shares in issue. MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020

16 LOSS FROM DISCONTINUING OPERATION
(i) In the previous financial year, after analysing the market outlook, competitive intensity and the attractiveness of the
industry, the Group had strategically decided to exit its non-core business, i.e. the rubber, oil palm and mango plantation.
The Group therefore presents and discloses in its financial statements the financial effects of the non-core business in
accordance to MFRS 5 ‘Non-Current Assets Held for Sale and Discontinued Operations’.
(ii) Analysis of the profit and loss of discontinuing operation is as follows:
2020 2019
RM’000 RM’000
Revenue - 884
Cost of sales - (3,303)
Gross loss - (2,419)
Other operating income 619 109
Administrative expenses (555) (1,113)
Other operating expenses (75,155) (15,701)
Loss before taxation (75,091) (19,124)
Taxation – deferred tax (Note 32) - 7,845
Loss from discontinuing operation (75,091) (11,279)