Revenue
DNeX just shy 0.6% in Group’s revenue for the current quarter ended 30 June 2023, was mainly from Group Technology and Energy segments. DNeX has anticipate this shortcoming and mitigated by contribution from Group IT segment

Assets / Liabilities
Long term assets--> MYR4bil while Long term liabilities--> MYR1.95bil; DNeX Long term liabilities are well covered by Long term assets
Short term assets--> MYR900mil compare with Short term liabilities--> MYR650mil;
DNeX have enough cash (MYR417mil) to cover short term borrowings (MYR45mil); more than 8 months monthly repayment
DNeX can also manage paying her suppliers with MYR280mil debt

Taxes
Current year deferred tax expenses were mainly in relation to enaction of Energy Profit Levy (“EPL”), a temporary
levy introduced by UK Government on 14 July 2022

The EPL was set at 25% for profits arising from 26 May 2022 to 31 December 2022 and 35% for profits arising from 1 January 2023 to 31 March 2028. The deferred tax expense mainly arising from the EPL regime of RM252.40 million based on the taxable temporary differences expected to
be reverse in near future

The current year quarter deferred tax includes net deferred tax assets of RM52.40 million
attributable to the EPL ONLY

Hope this helps