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	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	271.03	246.69	279.37	392.83	340.63
Revenue Growth (YoY)	9.87%	-11.70%	-28.88%	15.32%	57.77%
Cost of Revenue	191.58	168.86	201.13	322.96	293.04
Gross Profit	79.45	77.83	78.24	69.86	47.59
Selling, General & Admin	49.08	43.86	54.17	38.02	34.3
Other Operating Expenses	-3.61	-12.35	-4.57	-8.31	-4.21
Operating Expenses	45.47	31.51	49.6	29.71	30.09
Operating Income	33.98	46.32	28.64	40.15	17.5
Interest Expense	-1.12	-0.79	-0.81	-2.72	-1.62
Earnings From Equity Investments	-4.21	2.52	7.02	-2.78	10
EBT Excluding Unusual Items	28.65	48.04	34.86	34.65	25.88
Gain (Loss) on Sale of Investments	-	-	-2.71	-	-
Gain (Loss) on Sale of Assets	-	-	-	40.61	-
Pretax Income	28.65	48.04	32.15	75.26	25.88
Income Tax Expense	11.26	11.46	12.18	14.41	6.64
Earnings From Continuing Operations	17.38	36.58	19.97	60.84	19.24
Earnings From Discontinued Operations	-1.77	-1.22	-0.6	-1.03	-1.09
Net Income to Company	15.62	35.37	19.36	59.81	18.16
Minority Interest in Earnings	0.5	0.02	0.08	0.38	-1.01
Net Income	16.12	35.38	19.44	60.19	17.14
Net Income to Common	16.12	35.38	19.44	60.19	17.14
Net Income Growth	-54.44%	81.99%	-67.70%	251.07%	75.47%
Shares Outstanding (Basic)	228	228	228	228	209
Shares Outstanding (Diluted)	228	228	228	232	228
Shares Change (YoY)	0.03%	0.05%	-1.84%	1.75%	-1.28%
EPS (Basic)	0.07	0.16	0.09	0.26	0.08
EPS (Diluted)	0.07	0.16	0.09	0.26	0.08
EPS Growth	-54.47%	81.84%	-67.09%	245.12%	77.79%
Free Cash Flow	1.31	-22.08	-15.57	36.18	39.51
Free Cash Flow Per Share	0.01	-0.10	-0.07	0.16	0.17
Gross Margin	29.31%	31.55%	28.01%	17.78%	13.97%
Operating Margin	12.54%	18.77%	10.25%	10.22%	5.14%
Profit Margin	5.95%	14.34%	6.96%	15.32%	5.03%
Free Cash Flow Margin	0.48%	-8.95%	-5.57%	9.21%	11.60%
EBITDA	38.77	50.39	31.63	44.27	21.75
EBITDA Margin	14.31%	20.42%	11.32%	11.27%	6.39%
D&A For EBITDA	4.79	4.07	2.99	4.12	4.25
EBIT	33.98	46.32	28.64	40.15	17.5
EBIT Margin	12.54%	18.77%	10.25%	10.22%	5.14%
Effective Tax Rate	39.31%	23.86%	37.89%	19.15%	25.65%

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