Heng Hup Holdings Income Statement

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

Millions MYR. 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	1,455	1,707	1,347	1,405	1,418
Revenue Growth (YoY)	-14.72%	26.70%	-4.10%	-0.96%	63.33%
Cost of Revenue	1,332	1,581	1,270	1,352	1,341
Gross Profit	123.07	125.96	77.08	52.33	77.57
Selling, General & Admin	100.63	86.42	60.24	50.7	44.71
Other Operating Expenses	-1.25	-0.14	-0.8	-5.01	-4.2
Operating Expenses	102.69	88.19	59.27	45.71	40.51
Operating Income	20.38	37.78	17.81	6.62	37.06
Interest Expense	-4.19	-5.47	-4.19	-2.45	-1.61
Interest & Investment Income	1.55	0.45	0.67	0.25	0.24
Earnings From Equity Investments	-	-	-	-	0.01
Currency Exchange Gain (Loss)	-0.1	-0.18	-0.02	-0.1	-0.22
EBT Excluding Unusual Items	17.64	32.57	14.26	4.32	35.48
Gain (Loss) on Sale of Investments	-	-	-	-0.01	-
Gain (Loss) on Sale of Assets	0.25	0.29	0.16	0.07	0.1
Asset Writedown	-	-0	-0.08	-0.1	-0.03
Pretax Income	17.89	32.86	14.35	4.28	35.55
Income Tax Expense	7.01	11.32	6.11	2.8	10.13
Earnings From Continuing Operations	10.89	21.54	8.24	1.48	25.41
Minority Interest in Earnings	3.7	3.92	0.3	0.91	0.07
Net Income	14.58	25.46	8.54	2.38	25.49
Net Income to Common	14.58	25.46	8.54	2.38	25.49
Net Income Growth	-42.74%	198.17%	258.67%	-90.66%	203.68%
Shares Outstanding (Basic)	1,000	1,000	1,000	1,000	1,000
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	0.01	0.03	0.01	0.00	0.03
EPS (Diluted)	0.01	0.03	0.01	0.00	0.03
EPS Growth	-42.74%	198.17%	258.67%	-90.66%	203.68%
Free Cash Flow	-	57.4	-49.8	-0.97	-6.01
Free Cash Flow Per Share	-	0.06	-0.05	-0.00	-0.01
Dividend Per Share	-	-	-	-	0.004
Dividend Growth	-	-	-	-	49.95%
Gross Margin	8.46%	7.38%	5.72%	3.73%	5.47%
Operating Margin	1.40%	2.21%	1.32%	0.47%	2.61%
Profit Margin	1.00%	1.49%	0.63%	0.17%	1.80%
Free Cash Flow Margin	-	3.36%	-3.70%	-0.07%	-0.42%
EBITDA	27.82	45.21	23.89	11.92	41.08
EBITDA Margin	1.91%	2.65%	1.77%	0.85%	2.90%
D&A For EBITDA	7.44	7.44	6.08	5.3	4.02
EBIT	20.38	37.78	17.81	6.62	37.06
EBIT Margin	1.40%	2.21%	1.32%	0.47%	2.61%
Effective Tax Rate	39.16%	34.45%	42.59%	65.50%	28.50%

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