Far East Holdings Berhad (KLSE:FAREAST)

Far East Holdings Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,048	863.59	542.36	785.66	693.59	669.05
Other Revenue	3.01	2.07	2.49	5.28	5.2	7.29
Revenue	1,051	865.65	544.85	790.94	698.78	676.34
Revenue Growth (YoY)	36.30%	58.88%	-31.11%	13.19%	3.32%	76.28%
Cost of Revenue	719.69	555.74	362.55	508.12	467.89	518.16
Gross Profit	331.7	309.91	182.3	282.82	230.89	158.18
Selling, General & Admin	64.69	64.69	53.23	51.62	44.07	39.65
Other Operating Expenses	18.56	18.56	13.68	14.26	14.32	11.4
Operating Expenses	120.51	118.91	101.73	98.67	90.27	79.08
Operating Income	211.19	191	80.58	184.15	140.62	79.1
Interest Expense	-4.47	-4.97	-5.25	-4.63	-4.97	-2.07
Interest & Investment Income	6.73	6	5.85	2.17	1.26	0.53
Earnings From Equity Investments	99.47	64.32	47.03	93.83	68.05	34.44
EBT Excluding Unusual Items	312.92	256.34	128.2	275.51	204.96	112
Impairment of Goodwill	-5	-5	-	-	-	-
Asset Writedown	1.79	1.42	1.26	-0.83	5.5	0.2
Pretax Income	309.71	252.76	129.46	274.69	210.47	112.2
Income Tax Expense	55.61	50.41	24.04	46.77	35.63	9.05
Earnings From Continuing Operations	254.1	202.35	105.42	227.91	174.84	103.15
Minority Interest in Earnings	-13.07	-12.18	-6.9	-10.65	-10.49	-5.17
Net Income	241.03	190.17	98.52	217.27	164.34	97.98
Net Income to Common	241.03	190.17	98.52	217.27	164.34	97.98
Net Income Growth	27.06%	93.04%	-54.66%	32.20%	67.73%	22.45%
Shares Outstanding (Basic)	594	594	594	594	594	594
Shares Outstanding (Diluted)	594	594	594	594	594	594
EPS (Basic)	0.41	0.32	0.17	0.37	0.28	0.16
EPS (Diluted)	0.41	0.32	0.17	0.37	0.28	0.16
EPS Growth	27.06%	93.04%	-54.66%	32.20%	67.73%	22.45%
Free Cash Flow	165.99	125.6	61.25	150.51	133.46	73.42
Free Cash Flow Per Share	0.28	0.21	0.10	0.25	0.23	0.12
Dividend Per Share	0.150	0.140	0.110	0.180	0.100	0.070
Dividend Growth	36.36%	27.27%	-38.89%	80.00%	42.86%	180.00%
Gross Margin	31.55%	35.80%	33.46%	35.76%	33.04%	23.39%
Operating Margin	20.09%	22.06%	14.79%	23.28%	20.12%	11.70%
Profit Margin	22.93%	21.97%	18.08%	27.47%	23.52%	14.49%
Free Cash Flow Margin	15.79%	14.51%	11.24%	19.03%	19.10%	10.85%
EBITDA	241.07	219.28	108	209.73	165.34	101.53
EBITDA Margin	22.93%	25.33%	19.82%	26.52%	23.66%	15.01%
D&A For EBITDA	29.88	28.28	27.42	25.57	24.72	22.43
EBIT	211.19	191	80.58	184.15	140.62	79.1
EBIT Margin	20.09%	22.06%	14.79%	23.28%	20.12%	11.70%
Effective Tax Rate	17.95%	19.95%	18.57%	17.03%	16.93%	8.07%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.