Consolidated Income Statement
For the financial year ended 31 December 2014
Group
Note
2014
2013
(Restated)
S$’000
S$’000
Revenue
4
261,613
86,678
Cost of sales
(164,064)
(49,860)
Gross profit
97,549
36,818
Other income
5
2,627
2,235
Distribution and selling costs
(942)
(752)
Administrative costs
(7,002)
(4,211)
Other operating costs
(4,836)
(2,978)
Share of results of joint ventures
43
(1,761)
Profit before taxation
6
87,439
29,351
Income tax expense
7
(14,819)
(5,453)
Profit for the year
72,620
23,898
Profit attributable to:
Owners of the Company
72,620
23,898
Earnings per share (cents)
Basic
8
14.2
4.7
Diluted
8
14.2
4.7
(Amounts in Singapore dollars)
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.
Hock Lian Seng Holdings Limited
Annual report 2014
34
