Analysis of revenue by geographical market Sample Clauses

Analysis of revenue by geographical market. KBB’s revenue mainly consists of domestic sales; with domestic sales accounting for approximately 98.00% of total revenue for the FYEs 31 December 2015, 2016 and 2017 and 8-month FPE 31 August 2018. Its customers comprise mainly distributors, wholesalers and retailers. KBB is not dependent on any single customer. KBB’s revenue segmented by geographical market for the financial years/period under review is set out below:- Audited FYE 31 December Unaudited FPE 31 August 0000 0000 0000 0000 RM % RM % RM % RM % Domestic market Malaysia 19,826,620 98.62 27,466,240 98.67 40,625,061 98.67 32,495,194 98.89 Export market Singapore 58,800 0.29 74,500 0.27 75,790 0.18 51,170 0.16 Canada 218,600 1.09 270,788 0.97 473,477 1.15 313,909 0.95 Mauritius - - 24,112 0.09 - - - - Export sales 277,400 1.38 369,400 1.33 549,267 1.33 365,079 1.11 Total 20,104,020 100.00 27,835,640 100.00 41,174,328 100.00 32,860,273 100.00 Sales for the export market as a percentage contribution to KBB’s revenue were fairly consistent ranging from 1.33% to 1.38% throughout the financial years under review. In terms of export sales value, it increased by approximately 98.00% from RM277,400 in the FYE 31 December 2015 to RM549,267 in the FYE 31 December 2017 due mainly from export sales to Canada. For the 8-month FPE 31 August 2018, the increase in total revenue by RM5.41 million as compared to the pro-rated 8 months revenue for the FYE 31 December 2017 comprised almost entirely from domestic sales. As a result, sales from the export market as a percentage contribution to KBB’s revenue decreased to 1.11%. Despite the lower percentage contribution, export sales value remained approximately at the same level as in the pro-rated 8 months revenue for the FYE 31 December 2017.
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