257 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 41. BASIC AND DILUTED EARNINGS PER SHARE Basic and diluted earnings per share amounts are calculated by dividing profit for the financial year attributable to equity holders of the Bank by the weighted average number of ordinary shares in issue during the financial year. Group 2022 2021 Profit for the financial year attributable to equity holders of the Bank (RM’000) 54,511 118,390 Weighted average number of ordinary shares in issue excluding treasury shares (‘000) 726,672 726,885 Effects of dilution (‘000) 4,406 15,723 Adjusted weighted average number of ordinary shares in issue (‘000) 731,078 742,608 Earnings per share (sen) - basic 7.50 16.29 - fully diluted 7.46 15.94 There were no potential dilutive ordinary shares outstanding as at 31 December 2022.
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