Benalec Holdings Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	99.26	91.33	37.43	76.66	69.9	161.06
Revenue Growth (YoY)	24.68%	143.96%	-51.17%	9.67%	-56.60%	77.75%
Cost of Revenue	69.94	52.82	72.21	81.11	65.91	175.16
Gross Profit	29.32	38.51	-34.78	-4.45	3.99	-14.1
Selling, General & Admin	17.1	25.98	21.68	20.18	24.07	28.59
Other Operating Expenses	10.65	-	-	-	-	-
Operating Expenses	26.93	25.17	19.24	23.42	26.86	37.53
Operating Income	2.39	13.34	-54.02	-27.87	-22.87	-51.64
Interest Expense	-4.28	-4.6	-5.91	-7.5	-7.95	-27.56
Interest & Investment Income	0.59	0.59	0.53	0.37	0.36	0.81
Currency Exchange Gain (Loss)	0.35	0.35	0.34	0.36	2.33	1.56
Other Non Operating Income (Expenses)	0.87	0.87	1.78	2.08	1.89	2
EBT Excluding Unusual Items	-0.08	10.56	-57.28	-32.55	-26.25	-74.83
Gain (Loss) on Sale of Assets	3.02	3.02	3.42	1.96	4.22	1.99
Asset Writedown	-1.32	-1.32	-8.96	-10.2	-11.25	-0.97
Other Unusual Items	0.77	0.77	0.22	-	0	-
Pretax Income	2.39	13.03	-62.61	-40.79	-33.28	-73.81
Income Tax Expense	1.26	0.99	0.18	6.92	0.62	-4.18
Earnings From Continuing Operations	1.13	12.03	-62.78	-47.71	-33.89	-69.63
Minority Interest in Earnings	1.15	0.63	1.57	1.56	1.01	1.86
Net Income	2.28	12.67	-61.21	-46.15	-32.88	-67.77
Net Income to Common	2.28	12.67	-61.21	-46.15	-32.88	-67.77
Shares Outstanding (Basic)	1,019	1,019	1,019	1,019	860	849
Shares Outstanding (Diluted)	1,019	1,019	1,019	1,019	860	849
Shares Change (YoY)	-	-	-	18.48%	1.28%	0.83%
EPS (Basic)	0.00	0.01	-0.06	-0.05	-0.04	-0.08
EPS (Diluted)	0.00	0.01	-0.06	-0.05	-0.04	-0.08
Free Cash Flow	8.87	53.83	-1.32	24.59	-12.6	30.33
Free Cash Flow Per Share	0.01	0.05	-0.00	0.02	-0.01	0.04
Gross Margin	29.54%	42.17%	-92.90%	-5.81%	5.71%	-8.76%
Operating Margin	2.40%	14.61%	-144.30%	-36.35%	-32.72%	-32.06%
Profit Margin	2.30%	13.87%	-163.52%	-60.20%	-47.04%	-42.08%
Free Cash Flow Margin	8.93%	58.94%	-3.52%	32.08%	-18.03%	18.83%
EBITDA	2.92	14.91	-50.37	-22.62	-16	-43.52
EBITDA Margin	2.94%	16.33%	-134.55%	-29.51%	-22.89%	-27.02%
D&A For EBITDA	0.53	1.57	3.65	5.25	6.87	8.11
EBIT	2.39	13.34	-54.02	-27.87	-22.87	-51.64
EBIT Margin	2.40%	14.61%	-144.30%	-36.35%	-32.72%	-32.06%
Effective Tax Rate	52.56%	7.64%	-	-	-	-

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