P.I.E. Industrial 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	879.25	975.45	1,217	1,165	1,025
Revenue Growth (YoY)	-9.86%	-19.84%	4.43%	13.66%	49.37%
Cost of Revenue	830.51	894.43	1,131	1,070	946.12
Gross Profit	48.74	81.02	85.52	94.91	79.08
Selling, General & Admin	30.19	29.77	28.04	26.59	28.56
Other Operating Expenses	-9.4	-8.33	-32.02	-14.67	-23.96
Operating Expenses	20.78	21.43	-3.98	11.92	4.59
Operating Income	27.96	59.58	89.5	82.99	74.49
Interest Expense	-2.24	-4.12	-2.7	-1.4	-0.27
Interest & Investment Income	6.33	2.38	2.68	0.47	0.62
Earnings From Equity Investments	0.01	-0	-0.01	-	-
EBT Excluding Unusual Items	32.06	57.84	89.47	82.06	74.84
Gain (Loss) on Sale of Assets	-	-	-	-	-0.49
Pretax Income	32.06	57.84	89.47	82.06	74.35
Income Tax Expense	11.04	5.67	15.9	12.03	14.03
Earnings From Continuing Operations	21.02	52.17	73.57	70.03	60.32
Minority Interest in Earnings	1.58	1.01	-	-	-
Net Income	22.6	53.18	73.57	70.03	60.32
Net Income to Common	22.6	53.18	73.57	70.03	60.32
Net Income Growth	-57.50%	-27.72%	5.06%	16.10%	32.29%
Shares Outstanding (Basic)	384	384	384	384	384
Shares Outstanding (Diluted)	384	384	384	384	384
EPS (Basic)	0.06	0.14	0.19	0.18	0.16
EPS (Diluted)	0.06	0.14	0.19	0.18	0.16
EPS Growth	-57.50%	-27.72%	5.06%	16.10%	32.29%
Free Cash Flow	45.46	61.5	60.65	-24.36	-91.23
Free Cash Flow Per Share	0.12	0.16	0.16	-0.06	-0.24
Dividend Per Share	0.024	0.050	0.050	0.050	-
Dividend Growth	-52.00%	-	-	-	-
Gross Margin	5.54%	8.30%	7.03%	8.14%	7.71%
Operating Margin	3.18%	6.11%	7.35%	7.12%	7.27%
Profit Margin	2.57%	5.45%	6.05%	6.01%	5.88%
Free Cash Flow Margin	5.17%	6.30%	4.98%	-2.09%	-8.90%
EBITDA	58.64	81.57	110.88	106.31	92.58
EBITDA Margin	6.67%	8.36%	9.11%	9.12%	9.03%
D&A For EBITDA	30.68	21.99	21.38	23.32	18.1
EBIT	27.96	59.58	89.5	82.99	74.49
EBIT Margin	3.18%	6.11%	7.35%	7.12%	7.27%
Effective Tax Rate	34.42%	9.81%	17.77%	14.66%	18.87%

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