Muar Ban Lee 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	242.83	246.69	279.37	392.83	340.63	215.9
Revenue Growth (YoY)	-9.73%	-11.70%	-28.88%	15.32%	57.77%	27.05%
Cost of Revenue	172.42	168.86	201.13	322.96	293.04	172.31
Gross Profit	70.41	77.83	78.24	69.86	47.59	43.59
Selling, General & Admin	44.75	43.86	54.17	38.02	34.3	29.15
Other Operating Expenses	-3.32	-12.35	-4.57	-8.31	-4.21	-2.91
Operating Expenses	42.35	31.51	49.6	29.71	30.09	26.24
Operating Income	28.06	46.32	28.64	40.15	17.5	17.34
Interest Expense	-1.05	-0.61	-0.81	-2.72	-1.62	-0.38
Earnings From Equity Investments	-0.5	2.52	7.02	-2.78	10	-
Other Non Operating Income (Expenses)	-0.18	-0.18	-	-	-	-
EBT Excluding Unusual Items	26.34	48.04	34.86	34.65	25.88	16.96
Gain (Loss) on Sale of Investments	-	-	-2.71	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	40.61	-	-
Pretax Income	26.34	48.04	32.15	75.26	25.88	16.96
Income Tax Expense	9.53	11.46	12.18	14.41	6.64	4.74
Earnings From Continuing Operations	16.81	36.58	19.97	60.84	19.24	12.23
Earnings From Discontinued Operations	-1.25	-1.22	-0.6	-1.03	-1.09	-1.5
Net Income to Company	15.55	35.37	19.36	59.81	18.16	10.73
Minority Interest in Earnings	0.57	0.02	0.08	0.38	-1.01	-0.96
Net Income	16.12	35.38	19.44	60.19	17.14	9.77
Net Income to Common	16.12	35.38	19.44	60.19	17.14	9.77
Net Income Growth	-63.15%	81.99%	-67.70%	251.07%	75.47%	-52.83%
Shares Outstanding (Basic)	228	228	228	228	209	206
Shares Outstanding (Diluted)	228	228	228	232	228	231
Shares Change (YoY)	-0.02%	0.05%	-1.84%	1.75%	-1.28%	-0.10%
EPS (Basic)	0.07	0.16	0.09	0.26	0.08	0.05
EPS (Diluted)	0.07	0.16	0.09	0.26	0.08	0.04
EPS Growth	-63.18%	81.84%	-67.09%	245.12%	77.79%	-52.82%
Free Cash Flow	-9.75	-21.88	-15.57	36.18	39.51	-10.42
Free Cash Flow Per Share	-0.04	-0.10	-0.07	0.16	0.17	-0.04
Gross Margin	29.00%	31.55%	28.01%	17.78%	13.97%	20.19%
Operating Margin	11.56%	18.77%	10.25%	10.22%	5.14%	8.03%
Profit Margin	6.64%	14.34%	6.96%	15.32%	5.03%	4.52%
Free Cash Flow Margin	-4.02%	-8.87%	-5.57%	9.21%	11.60%	-4.83%
EBITDA	32.7	50.39	31.63	44.27	21.75	21.2
EBITDA Margin	13.47%	20.42%	11.32%	11.27%	6.39%	9.82%
D&A For EBITDA	4.64	4.07	2.99	4.12	4.25	3.86
EBIT	28.06	46.32	28.64	40.15	17.5	17.34
EBIT Margin	11.56%	18.77%	10.25%	10.22%	5.14%	8.03%
Effective Tax Rate	36.18%	23.86%	37.89%	19.15%	25.65%	27.92%

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