Financial Year Ended 31 December	2024	2023	2022	2021	2020
No. of Months	12	12	12	12	12
	Audited	Audited	Audited	Restated	Restated
	RM'000	RM'000	RM'000	RM'000	RM'000
Revenue	49,572	56,232	45,324	54,782	53,931
Cost of sales	(35,855)	(42,788)	(36,908)	(41,797)	(41,294)
Gross Profit	13,717	13,445	8,416	12,985	12,637
Other income	1,095	350	741	1,015	1,834
Selling and distribution expenses	(1,453)	(1,334)	(1,320)	(1,733)	(1,661)
Administrative expenses	(5,383)	(4,101)	(4,390)	(4,448)	(4,064)
Other expenses	(640)	(296)	(106)	(261)	(142)
Finance income	-	-	-	-	-
Finance costs	(617)	(604)	(473)	(278)	(340)
Profit Before Taxation	6,719	7,460	2,869	7,281	8,263
Tax credit/(expense)	2,521	(1,971)	(699)	(1,515)	(1,762)
Profit After Taxation	9,240	5,488	2,170	5,766	6,502
Other Comprehensive Income:
Revaluation of land and buildings	-	956	362	-	3,025
Tax effect on items that will not be reclassified subsequently to profit or loss	-	-	-	-	-
Realisation of revaluation reserve upon depreciation of revalued assets	-	-	-	-	-
Transfer of revaluation reserve to retained earnings	-	-	-	-	-
Other comprehensive income	-	-	-	-	-
Total Comprehensive Income For The Financial Period / Year	9,240	6,444	2,532	5,766	9,527
Profit After Tax Attributable To:
Owners of the Company	9,240	5,488	2,170	5,766	6,502
Non-controlling interests	-	-	-	-	-
	9,240	5,488	2,170	5,766	6,502
Total Comprehensive Income Attributable To:
Owners of the Company	9,240	6,444	2,532	5,766	9,527
Non-controlling interests	-	-	-	-	-
	9,240	6,444	2,532	5,766	9,527
Earnings Per Share (sen)
Basic	2.22	1.32	0.52	1.39	1.56
Diluted	2.22	1.32	0.52	1.39	1.56

Notes:

(1) Calculated based on the PAT divided by the enlarged share capital of 415,691,400 Shares after the Group's IPO.

# Please read this section in conjunction with Spring Art Holdings Berhad's Prospectus dated 16 October 2019.