HE Group Berhad 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
Revenue	123.28	206.91	204.2	107.57	100.46
Revenue Growth (YoY)	-40.42%	1.33%	89.82%	7.08%	220.06%
Cost of Revenue	97.31	175.46	179.67	92.57	89.92
Gross Profit	25.97	31.45	24.53	15	10.55
Selling, General & Admin	12.4	13.87	9.5	6.84	4.57
Other Operating Expenses	-2.06	-1.86	-0.79	-0.77	-0.39
Operating Expenses	10.25	11.88	8.8	6.18	4.4
Operating Income	15.72	19.57	15.73	8.82	6.14
Interest Expense	-0.86	-0.25	-0.2	-0.37	-0.35
Interest & Investment Income	-	-	-	-	0.03
Currency Exchange Gain (Loss)	-	-	-	-	-0
Other Non Operating Income (Expenses)	-	-0.35	-0.71	-0.47	-0.28
EBT Excluding Unusual Items	14.86	18.97	14.82	7.98	5.54
Gain (Loss) on Sale of Investments	-	-	-	-	-0.06
Pretax Income	14.86	18.97	14.82	7.98	5.48
Income Tax Expense	3.83	5.29	3.86	1.81	1.34
Net Income	11.03	13.68	10.96	6.17	4.13
Net Income to Common	11.03	13.68	10.96	6.17	4.13
Net Income Growth	-19.39%	24.84%	77.65%	49.23%	143.55%
Shares Outstanding (Basic)	440	440	353	353	1
Shares Outstanding (Diluted)	440	440	353	353	1
Shares Change (YoY)	-	24.61%	-	35211.03%	-
EPS (Basic)	0.03	0.03	0.03	0.02	4.13
EPS (Diluted)	0.03	0.03	0.03	0.02	4.13
EPS Growth	-19.39%	0.19%	77.65%	-99.58%	143.55%
Free Cash Flow	6.44	13.45	13.43	8.49	4.36
Free Cash Flow Per Share	0.01	0.03	0.04	0.02	4.36
Dividend Per Share	-	0.004	0.004	-	-
Dividend Growth	-	12.50%	-	-	-
Gross Margin	21.07%	15.20%	12.01%	13.95%	10.50%
Operating Margin	12.75%	9.46%	7.70%	8.20%	6.12%
Profit Margin	8.95%	6.61%	5.37%	5.73%	4.12%
Free Cash Flow Margin	5.22%	6.50%	6.58%	7.89%	4.34%
EBITDA	16.58	19.75	15.89	8.92	6.23
EBITDA Margin	13.44%	9.54%	7.78%	8.29%	6.20%
D&A For EBITDA	0.85	0.18	0.16	0.09	0.08
EBIT	15.72	19.57	15.73	8.82	6.14
EBIT Margin	12.75%	9.46%	7.70%	8.20%	6.12%
Effective Tax Rate	25.79%	27.87%	26.05%	22.71%	24.54%

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