Key Observations from the Table:
The Core Business is Consistently Bankrupt: The EBIT is deeply negative every single year, showing that Jaks' own operations (revenue-generating activities) are fundamentally unprofitable.
The Affiliate Lifeline: The "Equity in Affiliates" is the only thing preventing the company from reporting even more catastrophic losses. In 2021 and 2022, this income was so large it created a positive subtotal before other costs were applied.
What Drives the Final Pre-Tax Loss:
Interest Expense: This is a massive and growing burden (from MYR 21.98M in 2021 to MYR 32.02M in 2024), consistently eating away at the affiliate income.
Unusual Expenses: These were extremely high in 2020-2022, indicating significant one-off costs that further worsened the bottom line.
Other Non-Operating Items: This line is volatile. The large positive value in 2020 and 2024 (likely from asset sales) provided some relief but was not enough to offset the other losses.
The 2024 Story: In 2024, the affiliate income (MYR 121.6M) was almost entirely consumed by the colossal operating loss (MYR 105.8M). The remaining small profit was then completely wiped out by the high interest expense and other costs, leading to the final Pre-Tax Loss of MYR 74.7 million.
Conclusion: This table visually demonstrates that Jaks' reported financials are a "shell game." The company's survival is entirely dependent on the paper profits from its affiliates, which are used to mask the unsustainable losses and costs generated by its core business and debt structure.
Key Observations from the Table:
The Core Business is Consistently Bankrupt: The EBIT is deeply negative every single year, showing that Jaks' own operations (revenue-generating activities) are fundamentally unprofitable.
The Affiliate Lifeline: The "Equity in Affiliates" is the only thing preventing the company from reporting even more catastrophic losses. In 2021 and 2022, this income was so large it created a positive subtotal before other costs were applied.
What Drives the Final Pre-Tax Loss:
Interest Expense: This is a massive and growing burden (from MYR 21.98M in 2021 to MYR 32.02M in 2024), consistently eating away at the affiliate income.
Unusual Expenses: These were extremely high in 2020-2022, indicating significant one-off costs that further worsened the bottom line.
Other Non-Operating Items: This line is volatile. The large positive value in 2020 and 2024 (likely from asset sales) provided some relief but was not enough to offset the other losses.
The 2024 Story: In 2024, the affiliate income (MYR 121.6M) was almost entirely consumed by the colossal operating loss (MYR 105.8M). The remaining small profit was then completely wiped out by the high interest expense and other costs, leading to the final Pre-Tax Loss of MYR 74.7 million.
Conclusion: This table visually demonstrates that Jaks' reported financials are a "shell game." The company's survival is entirely dependent on the paper profits from its affiliates, which are used to mask the unsustainable losses and costs generated by its core business and debt structure.
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