WTCH

WTCH Annual Report 2023 20 page 0001 2
2023
RM'000
2022
RM'000
2021
RM'000
2020
RM'000
2019
RM'000
RESULTS
Revenue455,192480,424361,965295,278439,829
(Loss)/Profit before tax1,440(11,394)(27,471)(58,876)(4,291)
Taxation(3,871)(1,116)(6,232)(6,681)(3,112)
Loss after tax(2,431)(12,510)(33,703)(65,557)(7,403
Attributable to:
Shareholders of the Company (1,769)(11,535)(32,445)(63,781)(6,789)
Non-controlling interests(662)(975)(1,258)(1,776)(614)
FINANCIAL POSITION
Assets
Property, plant and equipment201,832187,160194,196227,122256,653
Right-of-use assets29,81926,23024,21025,48020,871
Investment Property 43,50043,50043,50043,50045,400
Investment in associate8525704978151,299
Investments accounted for using the equity method40,28234,74830,76035,07842,129
Other Investments6,13245618666
Finance lease receivables1256632,6692,9232,494
Deferred tax assets6,4805,2166,0986,1953,535
Intangible assets11,13710,86710,71512,23212,577
Total non-current assets340,159309,410312,831353,351384,964
Current assets385,648344,862350,315331,886421,132
Total Assets725,807654,272663,146685,237806,096
Equity
Share capital67,20067,20067,20067,20067,200
Reserves182,580171,129171,196211,537261,022
Treasury share(4,213)(4,213)(4,213)(4,213)(4,213)
Total equity attributable to owners of the company245,567234,116242,183274,524324,009
Non-controlling interests20,72222,11823,09324,37911,155
Total equity266,289256,234265,276298,903335,164
Non-current liabilities32,96429,91633,78636,91337,024
Current liabilities426,554368,122364,084349,421433,908
Total Equity and Liabilities725,807654,272663,146685,237806,096
Financial Statistics
Basic (loss)/earnings per share (sen)-2.72-17.72-49.84-97.97-10.43
Net assets per share (sen)377360372422498
Return on shareholders equity-1.0%-5.3%-13.9%-23.9%-2.3%
Net debt/Equity(%)71.8%65.6%51.4%36.3%50.9%