7 191 190 Notes to the Financial Statements Notes to the Financial Statements 29. OPERATING SEGMENTS (CONTINUED) Business segments The Group comprises of the following main business segments: Marine-products manufacturing Deep-sea fishing, manufacture and sale of fishmeal, surimi, surimi-based products and aquaculture livestock related product. Palm oil and clean energy Plantation, crude palm oil milling activities, downstream palm biomass technology and provide renewable energy and sustainable environmental solutions. Integrated livestock farming Distribution of animal feed raw materials, feed-milling, animal health supplement and related products and livestock farming. Convenience store chain Operations of convenience stores. The inter-segment transactions have been entered into in the normal course of business and are based on normal trade terms. Geographical segments The Group’s business operates in four geographical areas: Malaysia, Indonesia, Vietnam and Singapore. In presenting information on the basis of geographical segments, segment revenue is based on the geographical location of the customers, segment assets are based on the geographical location of the assets. 29. OPERATING SEGMENTS (CONTINUED) Marine-products manufacturing Palm oil and clean energy Integrated livestock farming Convenience store chain Consolidated 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Business segments Revenue from external customers 1,341,701 1,164,856 600,489 647,935 3,439,415 2,786,474 861,017 636,711 6,242,622 5,235,976 Segment profit before taxation 242,232 200,764 11,736 45,329 183,115 32,115 43,748 43,003 480,831 321,211 Included in the measurement of segment profit before taxation are: Inter-segment revenue 157,232 131,554 8,756 14,227 8,416 6,848 6 - 174,410 152,629 Finance costs (4,273) (4,545) (4,924) (5,994) (45,456) (32,360) (9,822) (8,822) (64,475) (51,721) Finance income 2,026 1,858 2,377 3,029 2,795 2,354 562 539 7,760 7,780 Depreciation and amortisation (64,222) (66,931) (27,385) (27,227) (95,200) (91,297) (59,710) (44,566) (246,517) (230,021) Share of profits of associates, net of tax - - - - 1,216 521 - - 1,216 521 Not included in the measurement of segment profit before taxation but provided to CODM: Tax expense (60,179) (45,537) (7,365) (11,698) (41,711) (16,660) (9,674) (11,775) (118,929) (85,670)
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