HeveaBoard 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	304.75	327.3	296.44	412.65	370.86	388.64
Revenue Growth (YoY)	-6.79%	10.41%	-28.16%	11.27%	-4.57%	-7.29%
Cost of Revenue	312.25	311.19	283.04	382.76	349.77	349.75
Gross Profit	-7.5	16.11	13.4	29.89	21.09	38.89
Selling, General & Admin	24.62	28.7	25.31	29.14	23.61	23.8
Other Operating Expenses	-4.72	-4.72	-2.33	-13.99	-0.69	-1.05
Operating Expenses	19.92	23.99	23.02	15.14	23.01	22.75
Operating Income	-27.42	-7.88	-9.62	14.75	-1.92	16.14
Interest Expense	-0.91	-0.88	-0.53	-0.41	-0.59	-0.95
Interest & Investment Income	3.96	3.96	3.96	2.21	1.84	2.61
Earnings From Equity Investments	0.11	0.11	0.06	0.02	0.11	0
Other Non Operating Income (Expenses)	-0.98	-	-	-	-	-
EBT Excluding Unusual Items	-25.24	-4.7	-6.13	16.56	-0.57	17.81
Pretax Income	-25.24	-4.7	-6.13	16.56	-0.57	17.81
Income Tax Expense	0.33	0.42	-2.37	7.23	0.6	1.44
Earnings From Continuing Operations	-25.56	-5.12	-3.76	9.33	-1.16	16.36
Minority Interest in Earnings	0.13	0.06	-	-	-	-
Net Income	-25.43	-5.06	-3.76	9.33	-1.16	16.36
Net Income to Common	-25.43	-5.06	-3.76	9.33	-1.16	16.36
Net Income Growth	-	-	-	-	-	13.32%
Shares Outstanding (Basic)	568	568	568	568	566	566
Shares Outstanding (Diluted)	568	568	568	568	566	566
Shares Change (YoY)	-	-	-	0.33%	-	0.08%
EPS (Basic)	-0.04	-0.01	-0.01	0.02	-0.00	0.03
EPS (Diluted)	-0.04	-0.01	-0.01	0.02	-0.00	0.03
EPS Growth	-	-	-	-	-	13.33%
Free Cash Flow	-9.77	-14.7	-15.05	2.89	5	23.26
Free Cash Flow Per Share	-0.02	-0.03	-0.03	0.01	0.01	0.04
Dividend Per Share	0.010	0.010	0.010	0.012	0.010	0.022
Dividend Growth	-	-	-16.67%	20.00%	-55.56%	-43.75%
Gross Margin	-2.46%	4.92%	4.52%	7.24%	5.69%	10.01%
Operating Margin	-9.00%	-2.41%	-3.25%	3.57%	-0.52%	4.15%
Profit Margin	-8.34%	-1.54%	-1.27%	2.26%	-0.31%	4.21%
Free Cash Flow Margin	-3.21%	-4.49%	-5.08%	0.70%	1.35%	5.98%
EBITDA	-6.78	12.21	9.7	43.06	26.56	43.21
EBITDA Margin	-2.22%	3.73%	3.27%	10.44%	7.16%	11.12%
D&A For EBITDA	20.64	20.1	19.32	28.32	28.47	27.07
EBIT	-27.42	-7.88	-9.62	14.75	-1.92	16.14
EBIT Margin	-9.00%	-2.41%	-3.25%	3.57%	-0.52%	4.15%
Effective Tax Rate	-	-	-	43.65%	-	8.09%

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