KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
54
Consolidated statement of PROFIT OR LOSS
AND OTHER comprehensive income
Year ended 31 December 2015
The accompanying notes form an integral part of these financial statements.
Group
Note 2015
2014
$’000
$’000
Revenue
16
51,757
77,978
Cost of sales
(38,207)
(51,014)
Gross profit
13,550
26,964
Other income
17
3,060
2,448
Distribution expenses
(1,950)
(1,985)
Administrative expenses
(14,647)
(16,617)
Other expenses
(4,225)
(4,574)
Results from operating activities
(4,212)
6,236
Finance costs
18
(510)
(422)
(Loss)/Profit before tax
19
(4,722)
5,814
Tax expense
20
(212)
(197)
(Loss)/Profit for the year
(4,934)
5,617
Other comprehensive income
Items that are or may be reclassified subsequently
to profit or loss:
Translation differences relating to financial statements of foreign operations
245
209
Total comprehensive (loss)/income for the year
(4,689)
5,826
(Loss)/Earnings per share
Basic and diluted (loss)/earnings per share (cents)
21
(0.7)
0.8
