Financial Performance
In 2019, JCorp recorded a profit before tax of RM6,007 mil. Total capital generation of RM295 mil for the year represents a resilient performance in line with our expectations.
The positive performance was driven mainly by robust portfolio returns in our core businesses, namely Agriculture, Wellness, Food & Restaurant and Real Estate & Infrastructure.
Financial year end as at 31 December 2019. Amount in RM Million unless stated otherwise.
Income Statements
| Subject | Group | JCorp |
|---|---|---|
| RM Million | RM Million | |
| Profit from continuing operations, net of tax | 295 | 164 |
| Loss from discontinued operations, net of tax | (7) | - |
| Profit net of tax | 288 | 164 |
| Profit attributable to | ||
| Owner of the Corporation | 101 | 164 |
| Non-controlling interests | 187 | - |
| 288 | 164 |
