Tek Seng Holdings Berhad (KLSE:TEKSENG)

Tek Seng Holdings Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	148.16	156.8	152.91	182.63	181.14	191.09
Other Revenue	0.34	0.34	0.51	-	-	1.51
Revenue	148.5	157.14	153.42	182.63	181.14	192.6
Revenue Growth (YoY)	-4.99%	2.42%	-15.99%	0.82%	-5.95%	10.50%
Cost of Revenue	96.88	106.34	107.45	120.66	118.4	119.54
Gross Profit	51.62	50.8	45.97	61.98	62.74	73.07
Selling, General & Admin	26.19	26.81	25.52	30.73	28.5	27.35
Other Operating Expenses	4.51	4.13	1.28	8.67	-0.81	4.08
Operating Expenses	37.33	37.51	35.8	48.1	38.14	38.81
Operating Income	14.29	13.29	10.18	13.88	24.6	34.25
Interest Expense	-0.53	-0.54	-0.53	-0.52	-0.49	-0.7
Interest & Investment Income	0.53	0.59	0.94	1	0.94	1.01
Currency Exchange Gain (Loss)	0.08	0.33	0.45	0.02	0.08	0.34
Other Non Operating Income (Expenses)	-	-	-0	-0.01	-0.01	-0.01
EBT Excluding Unusual Items	14.37	13.67	11.04	14.37	25.12	34.9
Gain (Loss) on Sale of Assets	-	-	0.13	0.21	0.06	0.37
Asset Writedown	-0	-0.36	-0.13	-	-0.06	-0.55
Other Unusual Items	-	-	0.01	0	0.01	0
Pretax Income	14.36	13.31	11.04	14.59	25.12	34.72
Income Tax Expense	2.81	3.57	3.06	4.12	6.14	7.8
Earnings From Continuing Operations	11.55	9.73	7.98	10.46	18.98	26.92
Minority Interest in Earnings	-1.8	-1.29	-1.35	-0.3	-0.52	0.5
Net Income	9.75	8.45	6.63	10.16	18.47	27.41
Net Income to Common	9.75	8.45	6.63	10.16	18.47	27.41
Net Income Growth	26.21%	27.39%	-34.75%	-44.96%	-32.63%	-
Shares Outstanding (Basic)	361	361	361	361	361	358
Shares Outstanding (Diluted)	361	361	361	361	361	358
Shares Change (YoY)	-	-	-	-	0.62%	2.94%
EPS (Basic)	0.03	0.02	0.02	0.03	0.05	0.08
EPS (Diluted)	0.03	0.02	0.02	0.03	0.05	0.08
EPS Growth	26.21%	27.39%	-34.76%	-44.96%	-33.04%	-
Free Cash Flow	32.31	14.01	24.97	17.76	24.14	28.38
Free Cash Flow Per Share	0.09	0.04	0.07	0.05	0.07	0.08
Dividend Per Share	0.010	0.015	-	0.010	0.030	0.005
Dividend Growth	100.00%	-	-	-66.67%	500.00%	-
Gross Margin	34.76%	32.33%	29.97%	33.93%	34.64%	37.94%
Operating Margin	9.62%	8.46%	6.63%	7.60%	13.58%	17.78%
Profit Margin	6.57%	5.38%	4.32%	5.57%	10.20%	14.23%
Free Cash Flow Margin	21.76%	8.92%	16.27%	9.72%	13.33%	14.74%
EBITDA	20.63	19.94	17.4	22	34.64	41.64
EBITDA Margin	13.89%	12.69%	11.34%	12.05%	19.12%	21.62%
D&A For EBITDA	6.34	6.65	7.22	8.13	10.04	7.39
EBIT	14.29	13.29	10.18	13.88	24.6	34.25
EBIT Margin	9.62%	8.46%	6.63%	7.60%	13.58%	17.78%
Effective Tax Rate	19.57%	26.86%	27.73%	28.27%	24.44%	22.47%

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