Ho Wah Genting 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 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Revenue	285.41	328.23	254.98	418.27	451.1	294.09
Revenue Growth (YoY)	-11.67%	28.73%	-39.04%	-7.28%	53.39%	62.51%
Cost of Revenue	269.04	309.91	236.67	393.78	435.99	281.6
Gross Profit	16.37	18.32	18.31	24.49	15.11	12.49
Selling, General & Admin	17.72	16.83	15.42	19.17	18.9	34.5
Other Operating Expenses	-2.51	-2.17	-2.48	1.14	-1.33	-4.09
Operating Expenses	17.85	17.3	12.94	20.41	17.45	33.69
Operating Income	-1.48	1.03	5.37	4.08	-2.34	-21.2
Interest Expense	-2.85	-1.42	-1.55	-1.23	-1.9	-2.09
Interest & Investment Income	0.07	0.11	0.07	0.06	0.08	0.07
Earnings From Equity Investments	-	-	-	-	-0.15	-
Currency Exchange Gain (Loss)	-	-	-	-	0.91	0.35
EBT Excluding Unusual Items	-4.27	-0.29	3.89	2.91	-3.4	-22.87
Gain (Loss) on Sale of Assets	-	-	0.04	-	-	-
Pretax Income	-4.27	-0.29	3.92	2.91	-3.4	-22.87
Income Tax Expense	1.89	1.94	2.71	4.21	2.06	1.14
Earnings From Continuing Operations	-6.16	-2.23	1.22	-1.3	-5.45	-24.01
Earnings From Discontinued Operations	-	-	-0.06	-0.4	-	-
Net Income to Company	-6.16	-2.23	1.16	-1.7	-5.45	-24.01
Minority Interest in Earnings	0.11	-	0.04	0	0.02	0.03
Net Income	-6.05	-2.23	1.19	-1.7	-5.43	-23.98
Net Income to Common	-6.05	-2.23	1.19	-1.7	-5.43	-23.98
Shares Outstanding (Basic)	206	206	176	164	155	130
Shares Outstanding (Diluted)	206	206	176	164	155	130
Shares Change (YoY)	1.36%	16.50%	7.87%	5.27%	19.80%	40.96%
EPS (Basic)	-0.03	-0.01	0.01	-0.01	-0.03	-0.18
EPS (Diluted)	-0.03	-0.01	0.01	-0.01	-0.03	-0.18
Free Cash Flow	-13.93	-6.34	-6.82	31.53	-16.63	-24.15
Free Cash Flow Per Share	-0.07	-0.03	-0.04	0.19	-0.11	-0.19
Gross Margin	5.74%	5.58%	7.18%	5.85%	3.35%	4.25%
Operating Margin	-0.52%	0.31%	2.10%	0.98%	-0.52%	-7.21%
Profit Margin	-2.12%	-0.68%	0.47%	-0.40%	-1.20%	-8.15%
Free Cash Flow Margin	-4.88%	-1.93%	-2.67%	7.54%	-3.69%	-8.21%
EBITDA	2.71	5.17	9.82	8.69	2.23	-17.31
EBITDA Margin	0.95%	1.57%	3.85%	2.08%	0.49%	-5.88%
D&A For EBITDA	4.18	4.14	4.45	4.6	4.56	3.89
EBIT	-1.48	1.03	5.37	4.08	-2.34	-21.2
EBIT Margin	-0.52%	0.31%	2.10%	0.98%	-0.52%	-7.21%
Effective Tax Rate	-	-	69.03%	144.62%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.