Tek Seng Holdings 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
Operating Revenue	152.43	156.8	152.91	182.63	181.14
Other Revenue	-	0.34	0.51	-	-
Revenue	152.43	157.14	153.42	182.63	181.14
Revenue Growth (YoY)	-3.00%	2.42%	-15.99%	0.82%	-5.95%
Cost of Revenue	115.58	106.34	107.45	120.66	118.4
Gross Profit	36.86	50.8	45.97	61.98	62.74
Selling, General & Admin	15.26	26.81	25.52	30.73	28.5
Other Operating Expenses	2.48	4.13	1.28	8.67	-0.81
Operating Expenses	21.8	37.51	35.8	48.1	38.14
Operating Income	15.05	13.29	10.18	13.88	24.6
Interest Expense	-0.52	-0.54	-0.53	-0.52	-0.49
Interest & Investment Income	1.06	0.59	0.94	1	0.94
Currency Exchange Gain (Loss)	-0.03	0.33	0.45	0.02	0.08
Other Non Operating Income (Expenses)	-	-	-0	-0.01	-0.01
EBT Excluding Unusual Items	15.57	13.67	11.04	14.37	25.12
Gain (Loss) on Sale of Assets	0.25	-	0.13	0.21	0.06
Asset Writedown	-	-0.36	-0.13	-	-0.06
Other Unusual Items	-	-	0.01	0	0.01
Pretax Income	15.82	13.31	11.04	14.59	25.12
Income Tax Expense	3.36	3.57	3.06	4.12	6.14
Earnings From Continuing Operations	12.46	9.73	7.98	10.46	18.98
Minority Interest in Earnings	-1.65	-1.29	-1.35	-0.3	-0.52
Net Income	10.82	8.45	6.63	10.16	18.47
Net Income to Common	10.82	8.45	6.63	10.16	18.47
Net Income Growth	28.04%	27.39%	-34.75%	-44.96%	-32.63%
Shares Outstanding (Basic)	361	361	361	361	361
Shares Outstanding (Diluted)	361	361	361	361	361
Shares Change (YoY)	-	-	-	-	0.62%
EPS (Basic)	0.03	0.02	0.02	0.03	0.05
EPS (Diluted)	0.03	0.02	0.02	0.03	0.05
EPS Growth	28.04%	27.39%	-34.76%	-44.96%	-33.04%
Free Cash Flow	26.38	14.01	24.97	17.76	24.14
Free Cash Flow Per Share	0.07	0.04	0.07	0.05	0.07
Dividend Per Share	-	0.015	-	0.010	0.030
Dividend Growth	-	-	-	-66.67%	500.00%
Gross Margin	24.18%	32.33%	29.97%	33.93%	34.64%
Operating Margin	9.88%	8.46%	6.63%	7.60%	13.58%
Profit Margin	7.10%	5.38%	4.32%	5.57%	10.20%
Free Cash Flow Margin	17.30%	8.92%	16.27%	9.72%	13.33%
EBITDA	22.02	19.94	17.4	22	34.64
EBITDA Margin	14.45%	12.69%	11.34%	12.05%	19.12%
D&A For EBITDA	6.97	6.65	7.22	8.13	10.04
EBIT	15.05	13.29	10.18	13.88	24.6
EBIT Margin	9.88%	8.46%	6.63%	7.60%	13.58%
Effective Tax Rate	21.24%	26.86%	27.73%	28.27%	24.44%

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