MTT Shipping and Logistics Berhad (KLSE:MTTSL)

KLSE:MTTSL Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	1,280	1,199	1,117	1,409
Revenue Growth (YoY)	6.79%	7.27%	-20.72%	-
Cost of Revenue	864.9	867.36	735.44	790.33
Gross Profit	415.03	331.23	381.9	618.97
Selling, General & Admin	116.2	84.76	91.61	66.03
Other Operating Expenses	-61.62	-38.53	-51.85	-8.37
Operating Expenses	55.4	45.98	39.76	57.78
Operating Income	359.63	285.25	342.14	561.19
Interest Expense	-37.73	-36.97	-30.11	-24.32
Interest & Investment Income	3.87	5.97	7.75	1.35
Earnings From Equity Investments	9.19	6.14	5.82	19.97
Currency Exchange Gain (Loss)	-	-	-14.6	-2.34
Other Non Operating Income (Expenses)	-0.16	-0.16	-0.22	-0.2
EBT Excluding Unusual Items	334.81	260.23	310.77	555.65
Gain (Loss) on Sale of Assets	-	-	3.62	4.22
Pretax Income	334.81	260.23	314.39	559.87
Income Tax Expense	9.97	6.61	5.76	6.66
Earnings From Continuing Operations	324.84	253.62	308.63	553.21
Minority Interest in Earnings	-1.38	-3.24	-0.79	-2.15
Net Income	323.46	250.38	307.84	551.06
Net Income to Common	323.46	250.38	307.84	551.06
Net Income Growth	29.19%	-18.67%	-44.14%	-
Shares Outstanding (Basic)	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15
EPS (Basic)	21.05	16.29	20.03	35.86
EPS (Diluted)	21.05	16.29	20.03	35.86
EPS Growth	29.19%	-18.67%	-44.14%	-
Free Cash Flow	98.58	-278.62	-8.65	344.76
Free Cash Flow Per Share	6.42	-18.13	-0.56	22.44
Gross Margin	32.43%	27.63%	34.18%	43.92%
Operating Margin	28.10%	23.80%	30.62%	39.82%
Profit Margin	25.27%	20.89%	27.55%	39.10%
Free Cash Flow Margin	7.70%	-23.24%	-0.77%	24.46%
EBITDA	471.44	374.36	420.94	632.96
EBITDA Margin	36.83%	31.23%	37.67%	44.91%
D&A For EBITDA	111.8	89.11	78.81	71.77
EBIT	359.63	285.25	342.14	561.19
EBIT Margin	28.10%	23.80%	30.62%	39.82%
Effective Tax Rate	2.98%	2.54%	1.83%	1.19%

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