56
ASIAMEDIAGROUPBERHAD
(813137-V)
Directors’
Report
Thedirectorshavepleasure in submitting their report togetherwith theaudited financial statementsof
theGroup and of theCompany for the financial year ended 31st December 2013.
PRINCIPALACTIVITIES
TheCompany isprincipallyan investment holding company. Theprincipal activitiesof the subsidiaries
areasdisclosed inNote9 to theFinancial Statements. Therehavebeenno significant changes in the
nature of these principal activities during the financial year.
FINANCIALRESULTS
The results of theoperations of theGroup andof theCompany for the financial year are as follows:
GROUP COMPANY
RM
RM
Profit/(Loss) before tax
7,227,705
(576,085)
Income tax expense
(2,066,189)
–
Net profit/(loss) for the financial year
5,161,516
(576,085)
Attributable to:
Equity holders of theCompany
5,261,964
(576,085)
Non-controlling interests
(100,448)
–
5,161,516
(576,085)
In the opinion of the directors, the results of the operations of theGroup and of theCompany during
the financial year were not substantially affected by any item, transaction or event of amaterial and
unusual nature.
DIVIDENDS
Nodividendhasbeenpaidordeclaredby theCompanysince theendof thepreviousfinancial year.The
directors alsodo not recommend the payment of any dividend in respect of the current financial year.
RESERVESANDPROVISIONS
Therewerenomaterial transfers toor from reserves or provisions during the financial year other than
those as disclosed in theFinancial Statements.