HE Group Berhad 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
Revenue	130.16	206.91	204.2	107.57	100.46	31.39
Revenue Growth (YoY)	-39.93%	1.33%	89.82%	7.08%	220.06%	-
Cost of Revenue	103.32	175.46	179.67	92.57	89.92	27.87
Gross Profit	26.84	31.45	24.53	15	10.55	3.52
Selling, General & Admin	11.54	13.87	9.5	6.84	4.57	3.1
Other Operating Expenses	-1.82	-1.86	-0.79	-0.77	-0.39	-0.42
Operating Expenses	9.26	11.88	8.8	6.18	4.4	2.68
Operating Income	17.58	19.57	15.73	8.82	6.14	0.84
Interest Expense	-0.39	-0.25	-0.2	-0.37	-0.35	-0.28
Interest & Investment Income	0.47	-	-	-	0.03	0.04
Currency Exchange Gain (Loss)	-	-	-	-	-0	-
Other Non Operating Income (Expenses)	-0.35	-0.35	-0.71	-0.47	-0.28	-0.12
EBT Excluding Unusual Items	17.32	18.97	14.82	7.98	5.54	0.48
Gain (Loss) on Sale of Investments	-0.03	-	-	-	-0.06	1.47
Pretax Income	17.28	18.97	14.82	7.98	5.48	1.94
Income Tax Expense	4.44	5.29	3.86	1.81	1.34	0.24
Net Income	12.84	13.68	10.96	6.17	4.13	1.7
Net Income to Common	12.84	13.68	10.96	6.17	4.13	1.7
Net Income Growth	-1.14%	24.84%	77.65%	49.23%	143.55%	-
Shares Outstanding (Basic)	440	440	353	353	1	1
Shares Outstanding (Diluted)	440	440	353	353	1	1
Shares Change (YoY)	5.19%	24.61%	-	35211.03%	-	-
EPS (Basic)	0.03	0.03	0.03	0.02	4.13	1.70
EPS (Diluted)	0.03	0.03	0.03	0.02	4.13	1.70
EPS Growth	-6.02%	0.19%	77.65%	-99.58%	143.55%	-
Free Cash Flow	12.5	13.45	13.43	8.49	4.36	-6.16
Free Cash Flow Per Share	0.03	0.03	0.04	0.02	4.36	-6.16
Dividend Per Share	0.004	0.004	0.004	-	-	-
Dividend Growth	12.50%	12.50%	-	-	-	-
Gross Margin	20.62%	15.20%	12.01%	13.95%	10.50%	11.22%
Operating Margin	13.51%	9.46%	7.70%	8.20%	6.12%	2.68%
Profit Margin	9.87%	6.61%	5.37%	5.73%	4.12%	5.41%
Free Cash Flow Margin	9.61%	6.50%	6.58%	7.89%	4.34%	-19.63%
EBITDA	17.85	19.75	15.89	8.92	6.23	0.93
EBITDA Margin	13.72%	9.54%	7.78%	8.29%	6.20%	2.96%
D&A For EBITDA	0.27	0.18	0.16	0.09	0.08	0.09
EBIT	17.58	19.57	15.73	8.82	6.14	0.84
EBIT Margin	13.51%	9.46%	7.70%	8.20%	6.12%	2.68%
Effective Tax Rate	25.68%	27.87%	26.05%	22.71%	24.54%	12.56%

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