KLSE:BAT 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	958.63	1,025	1,038	1,141	1,144
Revenue Growth (YoY)	-6.48%	-1.28%	-9.03%	-0.21%	12.50%
Cost of Revenue	432.73	483.91	470.33	463.42	468.96
Gross Profit	525.9	541.17	568.03	677.96	674.84
Selling, General & Admin	185.43	237.52	252.7	256.02	257.07
Other Operating Expenses	36.94	25.3	34.98	18.78	7.21
Operating Expenses	222.37	262.82	287.68	274.8	264.28
Operating Income	303.53	278.35	280.35	403.16	410.56
Interest Expense	-29.27	-26.9	-24.29	-21.68	-17.08
Interest & Investment Income	-	-	-	0.78	0.6
EBT Excluding Unusual Items	274.26	251.45	256.06	382.26	394.08
Gain (Loss) on Sale of Assets	0.14	0.17	0.28	3.15	0.04
Pretax Income	274.4	251.62	256.34	385.41	394.12
Income Tax Expense	71.96	68.47	61.59	122.89	109.26
Net Income	202.45	183.14	194.75	262.52	284.86
Net Income to Common	202.45	183.14	194.75	262.52	284.86
Net Income Growth	10.54%	-5.96%	-25.82%	-7.84%	17.79%
Shares Outstanding (Basic)	286	286	286	286	286
Shares Outstanding (Diluted)	286	286	286	286	286
EPS (Basic)	0.71	0.64	0.68	0.92	1.00
EPS (Diluted)	0.71	0.64	0.68	0.92	1.00
EPS Growth	10.54%	-5.96%	-25.82%	-7.84%	17.79%
Free Cash Flow	140.83	203.35	395.54	363.74	32.46
Free Cash Flow Per Share	0.49	0.71	1.39	1.27	0.11
Dividend Per Share	0.635	0.590	0.630	0.880	0.980
Dividend Growth	7.63%	-6.35%	-28.41%	-10.20%	18.07%
Gross Margin	54.86%	52.79%	54.71%	59.40%	59.00%
Operating Margin	31.66%	27.15%	27.00%	35.32%	35.89%
Profit Margin	21.12%	17.87%	18.75%	23.00%	24.91%
Free Cash Flow Margin	14.69%	19.84%	38.09%	31.87%	2.84%
EBITDA	307.57	282.72	285.64	408.61	417.53
EBITDA Margin	32.08%	27.58%	27.51%	35.80%	36.50%
D&A For EBITDA	4.04	4.37	5.29	5.46	6.97
EBIT	303.53	278.35	280.35	403.16	410.56
EBIT Margin	31.66%	27.15%	27.00%	35.32%	35.89%
Effective Tax Rate	26.22%	27.21%	24.03%	31.89%	27.72%

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