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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	924.02	863.59	542.36	785.66	693.59	669.05
Other Revenue	2.27	2.07	2.49	5.28	5.2	7.29
Revenue	926.29	865.65	544.85	790.94	698.78	676.34
Revenue Growth (YoY)	59.72%	58.88%	-31.11%	13.19%	3.32%	76.28%
Cost of Revenue	605.07	555.74	362.55	508.12	467.89	518.16
Gross Profit	321.22	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	119.61	118.91	101.73	98.67	90.27	79.08
Operating Income	201.61	191	80.58	184.15	140.62	79.1
Interest Expense	-4.86	-4.97	-5.25	-4.63	-4.97	-2.07
Interest & Investment Income	6.32	6	5.85	2.17	1.26	0.53
Earnings From Equity Investments	76.68	64.32	47.03	93.83	68.05	34.44
EBT Excluding Unusual Items	279.75	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	276.17	252.76	129.46	274.69	210.47	112.2
Income Tax Expense	53.06	50.41	24.04	46.77	35.63	9.05
Earnings From Continuing Operations	223.11	202.35	105.42	227.91	174.84	103.15
Minority Interest in Earnings	-13.72	-12.18	-6.9	-10.65	-10.49	-5.17
Net Income	209.4	190.17	98.52	217.27	164.34	97.98
Net Income to Common	209.4	190.17	98.52	217.27	164.34	97.98
Net Income Growth	88.04%	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	88.04%	93.04%	-54.66%	32.20%	67.73%	22.45%
Free Cash Flow	145.31	125.6	61.25	150.51	133.46	73.42
Free Cash Flow Per Share	0.24	0.21	0.10	0.25	0.23	0.12
Dividend Per Share	0.140	0.140	0.110	0.180	0.100	0.070
Dividend Growth	27.27%	27.27%	-38.89%	80.00%	42.86%	180.00%
Gross Margin	34.68%	35.80%	33.46%	35.76%	33.04%	23.39%
Operating Margin	21.77%	22.06%	14.79%	23.28%	20.12%	11.70%
Profit Margin	22.61%	21.97%	18.08%	27.47%	23.52%	14.49%
Free Cash Flow Margin	15.69%	14.51%	11.24%	19.03%	19.10%	10.85%
EBITDA	230.59	219.28	108	209.73	165.34	101.53
EBITDA Margin	24.89%	25.33%	19.82%	26.52%	23.66%	15.01%
D&A For EBITDA	28.98	28.28	27.42	25.57	24.72	22.43
EBIT	201.61	191	80.58	184.15	140.62	79.1
EBIT Margin	21.77%	22.06%	14.79%	23.28%	20.12%	11.70%
Effective Tax Rate	19.21%	19.95%	18.57%	17.03%	16.93%	8.07%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.