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	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	959.22	975.45	1,217	1,165	1,025	686.36
Revenue Growth (YoY)	-6.06%	-19.84%	4.43%	13.66%	49.37%	4.10%
Cost of Revenue	901.09	894.43	1,131	1,070	946.12	634.99
Gross Profit	58.13	81.02	85.52	94.91	79.08	51.37
Selling, General & Admin	29.71	29.77	28.04	26.59	28.56	25.97
Other Operating Expenses	-15.72	-8.33	-32.02	-14.67	-23.96	-29.41
Operating Expenses	13.98	21.43	-3.98	11.92	4.59	-3.44
Operating Income	44.15	59.58	89.5	82.99	74.49	54.81
Interest Expense	-2.73	-4.12	-2.7	-1.4	-0.27	-0.01
Interest & Investment Income	2.4	2.38	2.68	0.47	0.62	2.04
Earnings From Equity Investments	-0	-0	-0.01	-	-	-
EBT Excluding Unusual Items	43.81	57.84	89.47	82.06	74.84	56.84
Gain (Loss) on Sale of Assets	-	-	-	-	-0.49	-0.2
Pretax Income	43.81	57.84	89.47	82.06	74.35	56.65
Income Tax Expense	2.08	5.67	15.9	12.03	14.03	11.05
Earnings From Continuing Operations	41.73	52.17	73.57	70.03	60.32	45.6
Minority Interest in Earnings	1.48	1.01	-	-	-	-
Net Income	43.21	53.18	73.57	70.03	60.32	45.6
Net Income to Common	43.21	53.18	73.57	70.03	60.32	45.6
Net Income Growth	-31.77%	-27.72%	5.06%	16.10%	32.29%	24.73%
Shares Outstanding (Basic)	384	384	384	384	384	384
Shares Outstanding (Diluted)	384	384	384	384	384	384
EPS (Basic)	0.11	0.14	0.19	0.18	0.16	0.12
EPS (Diluted)	0.11	0.14	0.19	0.18	0.16	0.12
EPS Growth	-31.77%	-27.72%	5.06%	16.10%	32.29%	24.72%
Free Cash Flow	67.68	61.5	60.65	-24.36	-91.23	-38.32
Free Cash Flow Per Share	0.18	0.16	0.16	-0.06	-0.24	-0.10
Dividend Per Share	0.024	0.050	0.050	0.050	-	0.024
Gross Margin	6.06%	8.30%	7.03%	8.14%	7.71%	7.48%
Operating Margin	4.60%	6.11%	7.35%	7.12%	7.27%	7.99%
Profit Margin	4.50%	5.45%	6.05%	6.01%	5.88%	6.64%
Free Cash Flow Margin	7.06%	6.30%	4.98%	-2.09%	-8.90%	-5.58%
EBITDA	72.46	81.57	110.88	106.31	92.58	72.37
EBITDA Margin	7.56%	8.36%	9.11%	9.12%	9.03%	10.54%
D&A For EBITDA	28.32	21.99	21.38	23.32	18.1	17.55
EBIT	44.15	59.58	89.5	82.99	74.49	54.81
EBIT Margin	4.60%	6.11%	7.35%	7.12%	7.27%	7.99%
Effective Tax Rate	4.75%	9.81%	17.77%	14.66%	18.87%	19.51%

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