Suria Capital Berhad : 1QFY2022

SURIA CAPITAL HOLDINGS BERHAD

• CO M P A N YN O: 1 9 8 3 0 1 0 0 1 6 6 2 ( 9 6 8 9 5 - W ) )
  ( IN C O R P O R A T E D I N MA L A Y S I A )

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS

FOR THE QUARTER AND YEAR-TO-DATE ENDED 31 MARCH 2022

CONTENTS	PAGE
Condensed Consolidated Statements of Profit or Loss and Other
Comprehensive Income	1
Condensed Consolidated Statements of Financial Position	3
Condensed Consolidated Statements of Changes in Equity	5
Condensed Consolidated Statements of Cash Flows	7
Notes to the Condensed Consolidated Interim Financial Statements
Part A: Explanatory Notes Pursuant to MFRS 134	9
Notes to the Condensed Consolidated Interim Financial Statements
Part B: Explanatory Notes Pursuant to Main Market Listing Requirements of
Bursa Malaysia Securities Berhad	24

SURIA CAPITAL HOLDINGS BERHAD

(Company No: 198301001662 (96895-W))

Condensed consolidated statements of profit or loss and other comprehensive income

For the quarter and year-to-date ended 31 March 2022

			Quarter and
			Year-to-date ended
			31.03.2022		31.03.2021
	Note	Unaudited		Unaudited
	RM'000		RM'000
Revenue
Revenue from operations			56,386	50,322
Revenue from construction services
for concession infrastructure			14,582		4,366
Total revenue			70,968	54,688
Cost of sales
Operational cost			(35,933)	(36,334)
Construction services cost
for concession infrastructure			(14,582)		(4,366)
Total cost of sales			(50,515)		(40,700)
Gross profit			20,453		13,988
Other items of income
Interest income			822	405
Other income			5,940	5,810
Other items of expense
Administrative expenses			(9,076)	(8,432)
Finance costs			(57)	(105)
Other expenses			(644)	(246)
Profit before tax	A14		17,438		11,420
Income tax expense	A15		(3,545)	(2,447)
Profit net of tax			13,893	8,973
Other comprehensive income			-	-
Total comprehensive income
for the period			13,893		8,973
Profit net of tax attributable to:
Owners of the Company			13,893	8,973
Non-controlling interests			-	-
			13,893		8,973

1

SURIA CAPITAL HOLDINGS BERHAD

(Company No: 198301001662 (96895-W))

Condensed consolidated statements of profit or loss and other comprehensive income (continued)

For the quarter and year-to-date ended 31 March 2022

		Quarter and
		Year-to-date ended
		31.03.2022	31.03.2021
	Note	Unaudited	Unaudited
	RM'000	RM'000
Earnings per ordinary share
attributable to owners of the
Company (sen per share):
Basic	A16	4.02	2.59

The above unaudited condensed consolidated statements of profit or loss and other comprehensive income should be read in conjunction with the audited financial statements for the financial year ended 31 December 2021 and the accompanying explanatory notes attached to these condensed consolidated interim financial statements.

2

SURIA CAPITAL HOLDINGS BERHAD

(Company No: 198301001662 (96895-W))

Condensed consolidated statements of financial position

As at 31 March 2022

		As at	As at
		31.03.2022	31.12.2021
		Unaudited	Audited
	Note	RM'000	RM'000
ASSETS
Non-current assets
Property, plant and equipment	A17	56,555	56,725
Investment properties		83,967	83,967
Concession assets	A18	803,132	802,622
Deferred tax assets		7,033	7,632
Other assets		34,456	34,456
Trade and other receivables		92,909	92,909
		1,078,052	1,078,311
Current assets
Inventories	A19	10,626	10,646
Trade and other receivables		127,020	124,062
Other assets		16,388	3,110
Tax recoverable		11,544	24,955
Investment securities	A21	89,188	78,833
Cash and bank balances	A20	88,459	79,894
		343,225	321,500
TOTAL ASSETS		1,421,277	1,399,811

3