Southern Steel Berhad Income Statement

Financials in millions MYR. Fiscal year is October - September.

Millions MYR. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022
Revenue	2,144	2,120	2,247	2,386	2,309
Revenue Growth (YoY)	1.14%	-5.66%	-5.85%	3.36%	32.64%
Cost of Revenue	2,043	2,036	2,156	2,392	2,107
Gross Profit	100.57	83.41	90.85	-5.79	201.8
Selling, General & Admin	116.83	117.89	110.92	118.15	110.32
Other Operating Expenses	44.18	19.12	-1.21	-11.87	-30.78
Operating Expenses	161	137.01	109.7	106.28	79.54
Operating Income	-60.43	-53.59	-18.86	-112.07	122.26
Interest Expense	-27.7	-31.5	-43.5	-32.63	-29.95
Interest & Investment Income	4.88	5.52	3.06	2.86	0.8
Earnings From Equity Investments	-1.58	-1.26	-0.35	-1.95	1.99
EBT Excluding Unusual Items	-84.84	-80.83	-59.65	-143.78	95.1
Gain (Loss) on Sale of Investments	0.16	-	0.4	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.17
Pretax Income	-84.68	-80.83	-59.25	-143.78	95.27
Income Tax Expense	1.81	-3.13	-2.66	-7.72	2.13
Earnings From Continuing Operations	-86.48	-77.7	-56.59	-136.06	93.14
Earnings From Discontinued Operations	38.25	47.81	0.96	-5.67	-187.64
Net Income to Company	-48.23	-29.89	-55.62	-141.73	-94.5
Minority Interest in Earnings	-0.11	-0.01	-0.22	0.29	-0.39
Net Income	-48.34	-29.9	-55.84	-141.44	-94.9
Net Income to Common	-48.34	-29.9	-55.84	-141.44	-94.9
Shares Outstanding (Basic)	1,111	1,013	596	596	596
Shares Outstanding (Diluted)	1,111	1,013	596	596	596
Shares Change (YoY)	9.71%	69.84%	0.01%	-0.01%	-
EPS (Basic)	-0.04	-0.03	-0.09	-0.24	-0.16
EPS (Diluted)	-0.04	-0.03	-0.09	-0.24	-0.16
Free Cash Flow	117.15	3.39	-54.56	-7.77	-29.55
Free Cash Flow Per Share	0.10	0.00	-0.09	-0.01	-0.05
Gross Margin	4.69%	3.94%	4.04%	-0.24%	8.74%
Operating Margin	-2.82%	-2.53%	-0.84%	-4.70%	5.29%
Profit Margin	-2.25%	-1.41%	-2.48%	-5.93%	-4.11%
Free Cash Flow Margin	5.46%	0.16%	-2.43%	-0.33%	-1.28%
EBITDA	-41.35	-34.47	3.31	-87.9	148.13
EBITDA Margin	-1.93%	-1.63%	0.15%	-3.68%	6.42%
D&A For EBITDA	19.08	19.12	22.17	24.17	25.87
EBIT	-60.43	-53.59	-18.86	-112.07	122.26
EBIT Margin	-2.82%	-2.53%	-0.84%	-4.70%	5.29%
Effective Tax Rate	-	-	-	-	2.23%

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