HeveaBoard 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	305.55	327.3	296.44	412.65	370.86
Revenue Growth (YoY)	-6.64%	10.41%	-28.16%	11.27%	-4.57%
Cost of Revenue	318.63	311.19	283.04	382.76	349.77
Gross Profit	-13.08	16.11	13.4	29.89	21.09
Selling, General & Admin	32.1	28.7	25.31	29.14	23.61
Other Operating Expenses	-	-4.72	-2.33	-13.99	-0.69
Operating Expenses	32.1	23.99	23.02	15.14	23.01
Operating Income	-45.18	-7.88	-9.62	14.75	-1.92
Interest Expense	-0.8	-0.88	-0.53	-0.41	-0.59
Interest & Investment Income	-	3.96	3.96	2.21	1.84
Earnings From Equity Investments	-	0.11	0.06	0.02	0.11
Other Non Operating Income (Expenses)	6.46	-	-	-	-
EBT Excluding Unusual Items	-39.53	-4.7	-6.13	16.56	-0.57
Pretax Income	-39.53	-4.7	-6.13	16.56	-0.57
Income Tax Expense	0.8	0.42	-2.37	7.23	0.6
Earnings From Continuing Operations	-40.33	-5.12	-3.76	9.33	-1.16
Minority Interest in Earnings	0.11	0.06	-	-	-
Net Income	-40.21	-5.06	-3.76	9.33	-1.16
Net Income to Common	-40.21	-5.06	-3.76	9.33	-1.16
Shares Outstanding (Basic)	568	568	568	568	566
Shares Outstanding (Diluted)	568	568	568	568	566
Shares Change (YoY)	-	-	-	0.33%	-
EPS (Basic)	-0.07	-0.01	-0.01	0.02	-0.00
EPS (Diluted)	-0.07	-0.01	-0.01	0.02	-0.00
Free Cash Flow	-23.87	-14.7	-15.05	2.89	5
Free Cash Flow Per Share	-0.04	-0.03	-0.03	0.01	0.01
Dividend Per Share	-	0.010	0.010	0.012	0.010
Dividend Growth	-	-	-16.67%	20.00%	-55.56%
Gross Margin	-4.28%	4.92%	4.52%	7.24%	5.69%
Operating Margin	-14.79%	-2.41%	-3.25%	3.57%	-0.52%
Profit Margin	-13.16%	-1.54%	-1.27%	2.26%	-0.31%
Free Cash Flow Margin	-7.81%	-4.49%	-5.08%	0.70%	1.35%
EBITDA	-23.93	12.21	9.7	43.06	26.56
EBITDA Margin	-7.83%	3.73%	3.27%	10.44%	7.16%
D&A For EBITDA	21.25	20.1	19.32	28.32	28.47
EBIT	-45.18	-7.88	-9.62	14.75	-1.92
EBIT Margin	-14.79%	-2.41%	-3.25%	3.57%	-0.52%
Effective Tax Rate	-	-	-	43.65%	-

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