KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 218 KENANGA INVESTMENT BANK BERHAD 41. BASIC AND DILUTED EARNINGS PER SHARE Basic and diluted earnings per share amounts are calculated by dividing profit for the financial year attributable to equity holders of the Bank by the weighted average number of ordinary shares in issue during the financial year. Group 2018 2017 Profit for the financial year attributable to equity holders of the Bank (RM’000) 11,911 24,188 Weighted average number of ordinary shares in issue excluding treasury shares (‘000) 713,185 722,547 Effects of dilution (‘000) 1,566 - Adjusted weighted average number of ordinary shares in issue (‘000) 714,751 - Earnings per share (sen) - basic 1.67 3.35 - fully diluted 1.67 3.35 Diluted earnings per share was the same as basic earnings per share as there were no dilutive potential ordinary shares during the financial year ended 31 December 2017.