KLSE:GESHEN Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	364.87	275.07	256.31	253.61	239.81
Other Revenue	15.72	7.05	3.81	4.04	5.13
Revenue	380.58	282.12	260.12	257.65	244.94
Revenue Growth (YoY)	34.90%	8.45%	0.96%	5.19%	23.99%
Cost of Revenue	229.8	172.57	157.21	148.18	137.06
Gross Profit	150.78	109.54	102.91	109.47	107.87
Selling, General & Admin	66.5	49.38	50.35	54.44	50.72
Other Operating Expenses	25.57	25.05	21.37	27.34	25.49
Operating Expenses	104.01	86.54	82.95	93.63	88.38
Operating Income	46.77	23	19.97	15.84	19.49
Interest Expense	-6.08	-5.91	-5.78	-5.03	-4.44
Earnings From Equity Investments	0.34	-	-	-	0.45
Other Non Operating Income (Expenses)	-	-	-	-0.05	-
EBT Excluding Unusual Items	41.04	17.09	14.19	10.76	15.51
Pretax Income	41.04	17.09	14.19	10.76	15.51
Income Tax Expense	8.82	4.25	5.09	1.16	1.54
Earnings From Continuing Operations	32.22	12.83	9.1	9.59	13.97
Minority Interest in Earnings	-10.72	-	-	-	-0.82
Net Income	21.5	12.83	9.1	9.59	13.15
Net Income to Common	21.5	12.83	9.1	9.59	13.15
Net Income Growth	67.50%	41.02%	-5.14%	-27.05%	517.18%
Shares Outstanding (Basic)	330	380	342	330	328
Shares Outstanding (Diluted)	340	387	351	336	339
Shares Change (YoY)	-12.18%	10.45%	4.44%	-0.89%	15.08%
EPS (Basic)	0.07	0.03	0.03	0.03	0.04
EPS (Diluted)	0.06	0.03	0.02	0.03	0.04
EPS Growth	107.21%	26.56%	-17.12%	-25.06%	519.10%
Free Cash Flow	27.46	3.61	21.16	25.76	-2.42
Free Cash Flow Per Share	0.08	0.01	0.06	0.08	-0.01
Dividend Per Share	-	0.020	-	-	-
Gross Margin	39.62%	38.83%	39.56%	42.49%	44.04%
Operating Margin	12.29%	8.15%	7.68%	6.15%	7.96%
Profit Margin	5.65%	4.55%	3.50%	3.72%	5.37%
Free Cash Flow Margin	7.22%	1.28%	8.14%	10.00%	-0.99%
EBITDA	58.25	34.29	31.55	27.14	31.27
EBITDA Margin	15.31%	12.16%	12.13%	10.53%	12.77%
D&A For EBITDA	11.48	11.29	11.58	11.31	11.78
EBIT	46.77	23	19.97	15.84	19.49
EBIT Margin	12.29%	8.15%	7.68%	6.15%	7.96%
Effective Tax Rate	21.50%	24.89%	35.84%	10.81%	9.93%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.