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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	155.72	156.8	152.91	182.63	181.14	191.09
Other Revenue	0.34	0.34	0.51	-	-	1.51
Revenue	156.06	157.14	153.42	182.63	181.14	192.6
Revenue Growth (YoY)	5.88%	2.42%	-15.99%	0.82%	-5.95%	10.50%
Cost of Revenue	103.94	106.34	107.45	120.66	118.4	119.54
Gross Profit	52.12	50.8	45.97	61.98	62.74	73.07
Selling, General & Admin	26.57	26.81	25.52	30.73	28.5	27.35
Other Operating Expenses	4.71	4.13	1.28	8.67	-0.81	4.08
Operating Expenses	38.13	37.51	35.8	48.1	38.14	38.81
Operating Income	14	13.29	10.18	13.88	24.6	34.25
Interest Expense	-0.54	-0.54	-0.53	-0.52	-0.49	-0.7
Interest & Investment Income	0.54	0.59	0.94	1	0.94	1.01
Currency Exchange Gain (Loss)	-0.04	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	13.97	13.67	11.04	14.37	25.12	34.9
Gain (Loss) on Sale of Assets	-0.06	-	0.13	0.21	0.06	0.37
Asset Writedown	-0.36	-0.36	-0.13	-	-0.06	-0.55
Other Unusual Items	-	-	0.01	0	0.01	0
Pretax Income	13.54	13.31	11.04	14.59	25.12	34.72
Income Tax Expense	3.5	3.57	3.06	4.12	6.14	7.8
Earnings From Continuing Operations	10.05	9.73	7.98	10.46	18.98	26.92
Minority Interest in Earnings	-1.36	-1.29	-1.35	-0.3	-0.52	0.5
Net Income	8.69	8.45	6.63	10.16	18.47	27.41
Net Income to Common	8.69	8.45	6.63	10.16	18.47	27.41
Net Income Growth	67.38%	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)	0.02	0.02	0.02	0.03	0.05	0.08
EPS (Diluted)	0.02	0.02	0.02	0.03	0.05	0.08
EPS Growth	67.39%	27.39%	-34.76%	-44.96%	-33.04%	-
Free Cash Flow	14.04	14.01	24.97	17.76	24.14	28.38
Free Cash Flow Per Share	0.04	0.04	0.07	0.05	0.07	0.08
Dividend Per Share	0.015	0.015	-	0.010	0.030	0.005
Dividend Growth	-	-	-	-66.67%	500.00%	-
Gross Margin	33.40%	32.33%	29.97%	33.93%	34.64%	37.94%
Operating Margin	8.97%	8.46%	6.63%	7.60%	13.58%	17.78%
Profit Margin	5.57%	5.38%	4.32%	5.57%	10.20%	14.23%
Free Cash Flow Margin	9.00%	8.92%	16.27%	9.72%	13.33%	14.74%
EBITDA	20.51	19.94	17.4	22	34.64	41.64
EBITDA Margin	13.14%	12.69%	11.34%	12.05%	19.12%	21.62%
D&A For EBITDA	6.51	6.65	7.22	8.13	10.04	7.39
EBIT	14	13.29	10.18	13.88	24.6	34.25
EBIT Margin	8.97%	8.46%	6.63%	7.60%	13.58%	17.78%
Effective Tax Rate	25.83%	26.86%	27.73%	28.27%	24.44%	22.47%

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