FIT Hon Teng 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	5,003	4,451	4,196	4,531	4,490
Revenue Growth (YoY)	12.38%	6.10%	-7.40%	0.90%	4.07%
Cost of Revenue	4,057	3,573	3,388	3,763	3,817
Gross Profit	945.66	878.65	807.14	767.84	673.01
Selling, General & Admin	368.24	372.98	295.47	222.7	265.9
Research & Development	354.1	330.08	307.66	295.71	300.85
Other Operating Expenses	-63.61	-27.67	-22.79	-13.58	-20.64
Operating Expenses	658.73	676.61	582.58	504.83	546.1
Operating Income	286.93	202.04	224.56	263	126.9
Interest Expense	-71.8	-74.38	-63.37	-30.57	-12.72
Interest & Investment Income	23.72	26.37	30.12	16.9	10.98
Earnings From Equity Investments	-0.6	-58.21	-21.74	-25.66	-7.6
Currency Exchange Gain (Loss)	-	29.56	30.68	36.53	8.63
EBT Excluding Unusual Items	238.24	125.37	200.26	260.2	126.2
Gain (Loss) on Sale of Investments	-	4.01	-23.53	-19.96	30.83
Gain (Loss) on Sale of Assets	-	6.4	2.73	1.11	6.35
Other Unusual Items	-	84.75	-	-	3.95
Pretax Income	238.24	220.53	179.46	247.95	167.33
Income Tax Expense	81.55	66.19	49.88	77.61	30.54
Earnings From Continuing Operations	156.7	154.35	129.57	170.34	136.78
Minority Interest in Earnings	-0.64	-0.61	-0.61	-0.72	0.84
Net Income	156.06	153.73	128.97	169.62	137.63
Net Income to Common	156.06	153.73	128.97	169.62	137.63
Net Income Growth	1.51%	19.20%	-23.96%	23.25%	223.76%
Shares Outstanding (Basic)	7,094	7,087	7,085	6,998	6,752
Shares Outstanding (Diluted)	7,094	7,087	7,085	7,078	6,905
Shares Change (YoY)	0.11%	0.02%	0.10%	2.50%	0.27%
EPS (Basic)	0.02	0.02	0.02	0.02	0.02
EPS (Diluted)	0.02	0.02	0.02	0.02	0.02
EPS Growth	1.40%	19.20%	-24.17%	20.61%	220.95%
Free Cash Flow	-	-121.59	305.82	434.7	-146.37
Free Cash Flow Per Share	-	-0.02	0.04	0.06	-0.02
Gross Margin	18.90%	19.74%	19.24%	16.95%	14.99%
Operating Margin	5.73%	4.54%	5.35%	5.80%	2.83%
Profit Margin	3.12%	3.45%	3.07%	3.74%	3.06%
Free Cash Flow Margin	-	-2.73%	7.29%	9.59%	-3.26%
EBITDA	514.47	429.58	417.86	475.62	350.8
EBITDA Margin	10.28%	9.65%	9.96%	10.50%	7.81%
D&A For EBITDA	227.54	227.54	193.29	212.62	223.9
EBIT	286.93	202.04	224.56	263	126.9
EBIT Margin	5.73%	4.54%	5.35%	5.80%	2.83%
Effective Tax Rate	34.23%	30.01%	27.80%	31.30%	18.25%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.