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ENRICHING STAKEHOLDER ASPIRATIONS ENRICHING PERFORMANCE ENRICHING THE COMMUNITY ENRICHING ACCOUNTABILITY & INTEGRITY ENRICHING RESILIENCE & SUSTAINABLE GROWTH
notes to tHe financial statements
for the year ended 31 december 2023
34. FiNANCiAL RiSK (CONTiNUED)
(c) Foreign exchange risk (continued)
the following table demonstrates the sensitivity to a reasonable change in the currencies of the group’s and of
KWap’s international investments:
Group
Effect On
Profit Before Tax
RM’000 RM’000
+3% -3%
2023
Currency
usd 805,664 (805,664)
aud 66,343 (66,343)
gbp 185,611 (185,611)
eur 161,634 (161,634)
hKd 24,762 (24,762)
Jpy 43,899 (43,899)
2022
Currency
usd 650,852 (650,852)
aud 62,371 (62,371)
gbp 158,910 (158,910)
eur 112,500 (112,500)
hKd 19,889 (19,889)
Jpy 29,158 (29,158)
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