Teo Seng Capital 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	735.88	753.77	760.98	651.97	530.14
Revenue	735.88	753.77	760.98	651.97	530.14
Revenue Growth (YoY)	-2.37%	-0.95%	16.72%	22.98%	10.84%
Cost of Revenue	475.71	465.36	520.72	514.13	400.6
Gross Profit	260.17	288.41	240.27	137.84	129.54
Selling, General & Admin	114	115.58	107.35	83.29	73.94
Other Operating Expenses	-41.3	-49.3	-61.35	-5.29	25.91
Operating Expenses	104.67	95.68	74.65	103.75	124.12
Operating Income	155.5	192.73	165.62	34.08	5.43
Interest Expense	-4.4	-5.22	-7.8	-6.85	-6.33
Interest & Investment Income	4.67	3.56	1.26	0.51	0.29
Other Non Operating Income (Expenses)	0.12	0.11	2.01	0.81	0.23
EBT Excluding Unusual Items	155.9	191.17	161.08	28.55	-0.38
Gain (Loss) on Sale of Assets	0.29	6.85	0.79	0.45	4.97
Other Unusual Items	-	0.28	-	-	-
Pretax Income	156.5	198.42	162.65	29.31	4.8
Income Tax Expense	14.43	15.06	6.85	7.67	1.76
Earnings From Continuing Operations	142.07	183.36	155.8	21.64	3.04
Minority Interest in Earnings	0.03	0	-	-	-
Net Income	142.1	183.36	155.8	21.64	3.04
Net Income to Common	142.1	183.36	155.8	21.64	3.04
Net Income Growth	-22.50%	17.69%	620.00%	611.05%	-27.34%
Shares Outstanding (Basic)	590	592	587	588	588
Shares Outstanding (Diluted)	590	592	587	588	588
Shares Change (YoY)	-0.38%	0.84%	-0.09%	-	-
EPS (Basic)	0.24	0.31	0.27	0.04	0.01
EPS (Diluted)	0.24	0.31	0.27	0.04	0.01
EPS Growth	-22.21%	16.73%	620.92%	610.70%	-27.34%
Free Cash Flow	67.58	67.22	151.58	31.59	-13.76
Free Cash Flow Per Share	0.12	0.11	0.26	0.05	-0.02
Dividend Per Share	0.040	0.068	0.040	-	-
Dividend Growth	-40.74%	68.75%	-	-	-
Gross Margin	35.35%	38.26%	31.57%	21.14%	24.44%
Operating Margin	21.13%	25.57%	21.76%	5.23%	1.02%
Profit Margin	19.31%	24.33%	20.47%	3.32%	0.57%
Free Cash Flow Margin	9.18%	8.92%	19.92%	4.84%	-2.60%
EBITDA	185.81	221.04	193.34	59.52	29.39
EBITDA Margin	25.25%	29.33%	25.41%	9.13%	5.54%
D&A For EBITDA	30.31	28.31	27.72	25.44	23.96
EBIT	155.5	192.73	165.62	34.08	5.43
EBIT Margin	21.13%	25.57%	21.76%	5.23%	1.02%
Effective Tax Rate	9.22%	7.59%	4.21%	26.17%	36.66%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.