FGV Holdings Berhad (KLSE:FGV)

FGV 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
Revenue	22,922	22,158	19,359	25,562	19,566	14,076
Revenue Growth (YoY)	12.74%	14.46%	-24.26%	30.64%	39.01%	6.16%
Cost of Revenue	20,393	19,880	17,660	22,140	16,892	12,490
Gross Profit	2,529	2,278	1,699	3,422	2,674	1,585
Selling, General & Admin	1,327	1,245	1,152	1,176	1,005	889.01
Other Operating Expenses	417.75	317.33	56.98	270.69	-86.26	60.11
Operating Expenses	1,743	1,560	1,206	1,460	922.09	950.69
Operating Income	786.08	717.4	492.73	1,962	1,752	634.6
Interest Expense	-131.06	-136.06	-125.15	-126.51	-126.93	-161.87
Interest & Investment Income	44.98	45.99	38.38	33.3	25.3	42.43
Earnings From Equity Investments	59.04	29.78	23.34	148.82	39.41	23.81
Currency Exchange Gain (Loss)	13.61	13.61	19.76	7.79	2.86	19.35
Other Non Operating Income (Expenses)	-4.7	-4.7	14.89	-4.2	3.66	-
EBT Excluding Unusual Items	767.95	666.03	463.94	2,021	1,696	558.31
Impairment of Goodwill	-	-	-6.04	-	-	-
Gain (Loss) on Sale of Investments	15.2	15.2	8.36	-1.37	0.8	-1.62
Gain (Loss) on Sale of Assets	1.6	1.6	12.08	1.87	1.73	37.88
Asset Writedown	-119.6	-119.6	-153.71	-80.36	-11.06	-242.07
Legal Settlements	-	-	-	-	-	-19.8
Other Unusual Items	0.19	0.19	2.14	11.91	15.34	9.37
Pretax Income	667.72	565.8	336.44	1,955	1,714	346.06
Income Tax Expense	244.41	242.04	224	686.62	538.4	211.87
Earnings From Continuing Operations	423.31	323.77	112.44	1,269	1,176	134.19
Net Income to Company	423.31	323.77	112.44	1,269	1,176	134.19
Minority Interest in Earnings	-46.59	-47.52	-10.82	60.63	-7.7	11.96
Net Income	376.73	276.25	101.62	1,329	1,168	146.16
Net Income to Common	376.73	276.25	101.62	1,329	1,168	146.16
Net Income Growth	114.89%	171.85%	-92.36%	13.82%	699.06%	-
Shares Outstanding (Basic)	3,648	3,648	3,648	3,648	3,648	3,648
Shares Outstanding (Diluted)	3,648	3,648	3,648	3,648	3,648	3,648
EPS (Basic)	0.10	0.08	0.03	0.36	0.32	0.04
EPS (Diluted)	0.10	0.08	0.03	0.36	0.32	0.04
EPS Growth	114.90%	171.86%	-92.36%	13.82%	699.06%	-
Free Cash Flow	531.24	681.73	577.81	1,468	1,376	1,320
Free Cash Flow Per Share	0.15	0.19	0.16	0.40	0.38	0.36
Dividend Per Share	0.050	0.050	0.030	0.150	0.080	0.030
Dividend Growth	66.67%	66.67%	-80.00%	87.50%	166.67%	50.00%
Gross Margin	11.03%	10.28%	8.78%	13.39%	13.67%	11.26%
Operating Margin	3.43%	3.24%	2.54%	7.68%	8.95%	4.51%
Profit Margin	1.64%	1.25%	0.53%	5.20%	5.97%	1.04%
Free Cash Flow Margin	2.32%	3.08%	2.99%	5.74%	7.03%	9.38%
EBITDA	1,480	1,401	1,168	2,596	2,433	1,315
EBITDA Margin	6.46%	6.33%	6.03%	10.15%	12.44%	9.34%
D&A For EBITDA	694.27	683.96	675.36	633.42	681.51	680.41
EBIT	786.08	717.4	492.73	1,962	1,752	634.6
EBIT Margin	3.43%	3.24%	2.54%	7.68%	8.95%	4.51%
Effective Tax Rate	36.60%	42.78%	66.58%	35.12%	31.41%	61.22%

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