Luen Thai Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	636.99	674.39	696.63	858.86	795.66
Revenue Growth (YoY)	-5.55%	-3.19%	-18.89%	7.94%	14.10%
Cost of Revenue	542.99	600.15	601.41	733.78	671.73
Gross Profit	94	74.24	95.23	125.09	123.93
Selling, General & Admin	83.05	84.88	89.59	107.78	103.36
Other Operating Expenses	-0.84	-0.35	0.05	-0.02	-1.69
Operating Expenses	82.06	84.43	89.86	108	101.4
Operating Income	11.93	-10.19	5.36	17.09	22.53
Interest Expense	-10.04	-13.78	-13.94	-8.98	-5.73
Interest & Investment Income	1	0.66	1.51	0.83	0.55
Earnings From Equity Investments	0.31	0.54	0.55	-0.6	-2.01
Currency Exchange Gain (Loss)	0.05	1.32	1.22	1.73	-0.96
EBT Excluding Unusual Items	3.26	-21.45	-5.3	10.07	14.38
Gain (Loss) on Sale of Investments	-	-0.32	-0.23	-	-
Gain (Loss) on Sale of Assets	0.78	-0.73	-0.07	-	-
Asset Writedown	-0.92	-4.26	-	-	-
Other Unusual Items	-	-	0.05	0.24	0.3
Pretax Income	3.12	-26.77	-5.56	10.31	14.68
Income Tax Expense	-1.28	6.72	0.36	1.18	3.51
Earnings From Continuing Operations	4.4	-33.49	-5.92	9.13	11.17
Net Income to Company	4.4	-33.49	-5.92	9.13	11.17
Minority Interest in Earnings	0.11	-0.41	-0.09	0.78	0.02
Net Income	4.52	-33.89	-6.01	9.91	11.2
Net Income to Common	4.52	-33.89	-6.01	9.91	11.2
Net Income Growth	-	-	-	-11.47%	-
Shares Outstanding (Basic)	1,034	1,034	1,034	1,034	1,034
Shares Outstanding (Diluted)	1,034	1,034	1,034	1,034	1,034
EPS (Basic)	0.00	-0.03	-0.01	0.01	0.01
EPS (Diluted)	0.00	-0.03	-0.01	0.01	0.01
EPS Growth	-	-	-	-11.46%	-
Free Cash Flow	28.16	-21.03	-6.44	10.52	47.38
Free Cash Flow Per Share	0.03	-0.02	-0.01	0.01	0.05
Dividend Per Share	-	-	-	0.005	0.003
Dividend Growth	-	-	-	50.15%	-
Gross Margin	14.76%	11.01%	13.67%	14.56%	15.58%
Operating Margin	1.87%	-1.51%	0.77%	1.99%	2.83%
Profit Margin	0.71%	-5.03%	-0.86%	1.15%	1.41%
Free Cash Flow Margin	4.42%	-3.12%	-0.92%	1.23%	5.96%
EBITDA	23.64	4.6	21.75	35.3	41.21
EBITDA Margin	3.71%	0.68%	3.12%	4.11%	5.18%
D&A For EBITDA	11.71	14.78	16.39	18.21	18.68
EBIT	11.93	-10.19	5.36	17.09	22.53
EBIT Margin	1.87%	-1.51%	0.77%	1.99%	2.83%
Effective Tax Rate	-	-	-	11.47%	23.88%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.