KLSE:GESHEN 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
Operating Revenue	317.99	275.07	256.31	253.61	239.81	195.82
Other Revenue	5.83	7.05	3.81	4.04	5.13	1.74
Revenue	323.82	282.12	260.12	257.65	244.94	197.55
Revenue Growth (YoY)	9.90%	8.45%	0.96%	5.19%	23.99%	23.67%
Cost of Revenue	199.9	172.57	157.21	148.18	137.06	112.61
Gross Profit	123.93	109.54	102.91	109.47	107.87	84.94
Selling, General & Admin	57.28	49.38	50.35	54.44	50.72	44.01
Other Operating Expenses	20.66	25.05	21.37	27.34	25.49	22.2
Operating Expenses	89.4	86.54	82.95	93.63	88.38	77.72
Operating Income	34.53	23	19.97	15.84	19.49	7.22
Interest Expense	-5.91	-5.91	-5.78	-5.03	-4.44	-4.93
Earnings From Equity Investments	0.34	-	-	-	0.45	-0.15
Other Non Operating Income (Expenses)	-	-	-	-0.05	-	-
EBT Excluding Unusual Items	28.97	17.09	14.19	10.76	15.51	2.14
Other Unusual Items	-	-	-	-	-	-0.08
Pretax Income	28.97	17.09	14.19	10.76	15.51	2.07
Income Tax Expense	5.89	4.25	5.09	1.16	1.54	0.75
Earnings From Continuing Operations	23.07	12.83	9.1	9.59	13.97	1.32
Net Income to Company	23.07	12.83	9.1	9.59	13.97	1.32
Minority Interest in Earnings	-3.24	-	-	-	-0.82	0.81
Net Income	19.83	12.83	9.1	9.59	13.15	2.13
Preferred Dividends & Other Adjustments	-	-	-	-	-	0.29
Net Income to Common	19.83	12.83	9.1	9.59	13.15	1.85
Net Income Growth	15.29%	41.02%	-5.14%	-27.05%	517.18%	-
Shares Outstanding (Basic)	401	380	342	330	328	294
Shares Outstanding (Diluted)	423	387	351	336	339	294
Shares Change (YoY)	13.22%	10.45%	4.44%	-0.89%	15.08%	27.57%
EPS (Basic)	0.05	0.03	0.03	0.03	0.04	0.01
EPS (Diluted)	0.04	0.03	0.02	0.03	0.04	0.01
EPS Growth	0.24%	26.56%	-17.12%	-25.06%	519.10%	-
Free Cash Flow	33.25	3.61	21.16	25.76	-2.42	12.62
Free Cash Flow Per Share	0.08	0.01	0.06	0.08	-0.01	0.04
Dividend Per Share	0.020	0.020	-	-	-	-
Gross Margin	38.27%	38.83%	39.56%	42.49%	44.04%	43.00%
Operating Margin	10.66%	8.15%	7.68%	6.15%	7.96%	3.66%
Profit Margin	6.12%	4.55%	3.50%	3.72%	5.37%	0.93%
Free Cash Flow Margin	10.27%	1.28%	8.14%	10.00%	-0.99%	6.39%
EBITDA	45.33	34.29	31.55	27.14	31.27	15.4
EBITDA Margin	14.00%	12.16%	12.13%	10.53%	12.77%	7.79%
D&A For EBITDA	10.8	11.29	11.58	11.31	11.78	8.17
EBIT	34.53	23	19.97	15.84	19.49	7.22
EBIT Margin	10.66%	8.15%	7.68%	6.15%	7.96%	3.66%
Effective Tax Rate	20.35%	24.89%	35.84%	10.81%	9.93%	36.11%

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