Below are the financial statements of QL Resources, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of MYR | 2024 | 2023 |
|---|---|---|
| Revenue | — | — |
| Sale of goods | 6,314.42a | 5,935.53a |
| Construction contracts | 337.63a | 307.1a |
| Dividend income | 0.06a | 0.02a |
| Cost of sales | -5,124.4a | -4,988.42a |
| Gross profit | 1,527.7a | 1,254.23a |
| Administrative expenses | -415.54a | -366.98a |
| Distribution costs | -402.15a | -322.18a |
| Other expenses | -57.02a | -67.22a |
| Other income | 36.51a | 38.48a |
| Results from operating activities | 689.5a | 536.33a |
| Finance costs | -72.02a | -64.48a |
| Finance income | 8.31a | 7.76a |
| Share of profits of equity-accounted associates, net of tax | 0.74a | 1.22a |
| Profit before tax | 626.53a | 480.83a |
| Tax expense | -153.15a | -118.93a |
| Profit for the year | 473.37a | 361.9a |
| Profit attributable to | — | — |
| Owners of the company | 437.85a | 346.82a |
| Non-controlling interests | 35.52a | 15.08a |
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