Hup Seng Industries Berhad (KLSE:HUPSENG)

KLSE:HUPSENG Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	395.35	357.27	318.19	295.83	327.33
Revenue Growth (YoY)	10.66%	12.28%	7.56%	-9.62%	5.75%
Cost of Revenue	272.28	248.81	239.91	214.16	222.75
Gross Profit	123.07	108.46	78.28	81.67	104.58
Selling, General & Admin	53.52	51.95	45.75	46.9	52.51
Operating Expenses	53.52	51.95	45.75	46.9	52.51
Operating Income	69.55	56.51	32.54	34.77	52.07
Interest Expense	-0.03	-0.02	-0.03	-0.03	-0.02
Interest & Investment Income	2.72	2.02	1.21	1.06	1.72
Other Non Operating Income (Expenses)	1.53	1.5	1.72	1.49	1.24
Pretax Income	73.77	60.01	35.44	37.29	55.01
Income Tax Expense	16.16	14.92	9.36	10.05	14.63
Net Income	57.61	45.09	26.08	27.24	40.38
Net Income to Common	57.61	45.09	26.08	27.24	40.38
Net Income Growth	27.78%	72.87%	-4.25%	-32.54%	3.72%
Shares Outstanding (Basic)	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800
EPS (Basic)	0.07	0.06	0.03	0.03	0.05
EPS (Diluted)	0.07	0.06	0.03	0.03	0.05
EPS Growth	27.76%	72.87%	-4.26%	-32.54%	3.72%
Free Cash Flow	46.11	50.18	18.62	27.12	43.29
Free Cash Flow Per Share	0.06	0.06	0.02	0.03	0.05
Dividend Per Share	0.050	0.035	0.030	0.025	0.060
Dividend Growth	42.86%	16.67%	20.00%	-58.33%	-
Gross Margin	31.13%	30.36%	24.60%	27.61%	31.95%
Operating Margin	17.59%	15.82%	10.22%	11.75%	15.91%
Profit Margin	14.57%	12.62%	8.20%	9.21%	12.34%
Free Cash Flow Margin	11.66%	14.05%	5.85%	9.17%	13.23%
EBITDA	75.21	61.66	38.72	41.02	58.42
EBITDA Margin	19.02%	17.26%	12.17%	13.87%	17.85%
D&A For EBITDA	5.67	5.15	6.18	6.25	6.35
EBIT	69.55	56.51	32.54	34.77	52.07
EBIT Margin	17.59%	15.82%	10.22%	11.75%	15.91%
Effective Tax Rate	21.90%	24.87%	26.41%	26.96%	26.59%

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.