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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	985.58	863.59	542.36	785.66	693.59	669.05
Other Revenue	2.4	2.07	2.49	5.28	5.2	7.29
Revenue	987.99	865.65	544.85	790.94	698.78	676.34
Revenue Growth (YoY)	49.16%	58.88%	-31.11%	13.19%	3.32%	76.28%
Cost of Revenue	671.65	555.74	362.55	508.12	467.89	518.16
Gross Profit	316.34	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	120.33	118.91	101.73	98.67	90.27	79.08
Operating Income	196.01	191	80.58	184.15	140.62	79.1
Interest Expense	-4.73	-4.97	-5.25	-4.63	-4.97	-2.07
Interest & Investment Income	6.5	6	5.85	2.17	1.26	0.53
Earnings From Equity Investments	79.04	64.32	47.03	93.83	68.05	34.44
EBT Excluding Unusual Items	276.82	256.34	128.2	275.51	204.96	112
Impairment of Goodwill	-5	-5	-	-	-	-
Asset Writedown	1.42	1.42	1.26	-0.83	5.5	0.2
Pretax Income	273.24	252.76	129.46	274.69	210.47	112.2
Income Tax Expense	52.79	50.41	24.04	46.77	35.63	9.05
Earnings From Continuing Operations	220.45	202.35	105.42	227.91	174.84	103.15
Minority Interest in Earnings	-12.42	-12.18	-6.9	-10.65	-10.49	-5.17
Net Income	208.03	190.17	98.52	217.27	164.34	97.98
Net Income to Common	208.03	190.17	98.52	217.27	164.34	97.98
Net Income Growth	32.68%	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)	0.35	0.32	0.17	0.37	0.28	0.16
EPS (Diluted)	0.35	0.32	0.17	0.37	0.28	0.16
EPS Growth	32.69%	93.04%	-54.66%	32.20%	67.73%	22.45%
Free Cash Flow	149.82	125.6	61.25	150.51	133.46	73.42
Free Cash Flow Per Share	0.25	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	32.02%	35.80%	33.46%	35.76%	33.04%	23.39%
Operating Margin	19.84%	22.06%	14.79%	23.28%	20.12%	11.70%
Profit Margin	21.06%	21.97%	18.08%	27.47%	23.52%	14.49%
Free Cash Flow Margin	15.16%	14.51%	11.24%	19.03%	19.10%	10.85%
EBITDA	225.71	219.28	108	209.73	165.34	101.53
EBITDA Margin	22.84%	25.33%	19.82%	26.52%	23.66%	15.01%
D&A For EBITDA	29.7	28.28	27.42	25.57	24.72	22.43
EBIT	196.01	191	80.58	184.15	140.62	79.1
EBIT Margin	19.84%	22.06%	14.79%	23.28%	20.12%	11.70%
Effective Tax Rate	19.32%	19.95%	18.57%	17.03%	16.93%	8.07%

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