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Fima CORPORATION Berhad
(197401004110) (21185-P) •
Annual Report 2020
98
Directors’
Report
Directors’ report
The directors have pleasure in presenting their report together with the audited financial statements of the Group and of the Company for
the financial year ended 31 March 2020.
Principal activities
The principal activities of the Company are those of property management and investment holding.
The principal activities of the subsidiaries and associate are production of security and confidential documents, oil palm production and
processing and production and sale of bank notes. Information on the subsidiaries and associate are described in Notes 17 and 18 to the
financial statements, respectively.
There have been no significant changes in the nature of these activities during the financial year.
Results
Group
Company
RM’000
RM’000
Profit net of tax
8,807
26,614
Profit/(loss) for the year attributable to:
- Equity holders of the Company
11,736
26,614
- Non-controlling interests
(2,929)
-
8,807
26,614
There were no material transfers to or from reserves or provisions during the financial year other than as disclosed in the financial
statements.
In the opinion of the directors, the results of the operations of the Group and of the Company during the financial year were not substantially
affected by any item, transaction or event of a material and unusual nature, other than as disclosed in the financial statements.
Dividends
The amounts of dividends paid by the Company since 31 March 2019 were as follows:
RM’000
In respect of the financial year ended 31 March 2019 as reported in the directors’ report for that year:
Single-tier final dividend of 7.5 sen, paid on 30 September 2019
17,985
In respect of the financial year ended 31 March 2020:
Single-tier interim dividend of 5.0 sen, paid on 30 December 2019
11,980
29,965