KLSE:TIENWAH 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
Revenue	273.66	276.77	270.38	243.96	252.25
Revenue Growth (YoY)	-1.12%	2.36%	10.83%	-3.28%	-9.07%
Cost of Revenue	232.75	233.79	230.08	217.99	212.18
Gross Profit	40.91	42.98	40.3	25.97	40.07
Selling, General & Admin	29.38	28.32	28.47	30.17	27.02
Other Operating Expenses	-3.65	-1.11	-4.68	-5.24	-2.07
Operating Expenses	25.74	27.32	24.57	25.1	27
Operating Income	15.17	15.66	15.74	0.87	13.07
Interest Expense	-3.09	-2.08	-3.55	-2.89	-4.18
Interest & Investment Income	0.02	0.03	0.15	0.04	0.03
Earnings From Equity Investments	-0.8	-1.84	-1.26	-0.68	0.05
EBT Excluding Unusual Items	11.3	11.78	11.07	-2.67	8.97
Asset Writedown	-	8.36	1.65	-11.37	-
Pretax Income	11.3	20.14	12.72	-14.03	8.97
Income Tax Expense	2.35	2.53	2.93	1.94	4.02
Earnings From Continuing Operations	8.95	17.61	9.79	-15.97	4.95
Minority Interest in Earnings	-1.72	-3.41	-1.21	0.76	1.32
Net Income	7.23	14.2	8.58	-15.21	6.26
Net Income to Common	7.23	14.2	8.58	-15.21	6.26
Net Income Growth	-49.07%	65.45%	-	-	-
Shares Outstanding (Basic)	145	145	145	145	145
Shares Outstanding (Diluted)	145	145	145	145	145
EPS (Basic)	0.05	0.10	0.06	-0.11	0.04
EPS (Diluted)	0.05	0.10	0.06	-0.11	0.04
EPS Growth	-49.07%	65.45%	-	-	-
Free Cash Flow	9.96	-3.98	11.63	21.21	39.3
Free Cash Flow Per Share	0.07	-0.03	0.08	0.15	0.27
Dividend Per Share	0.056	0.056	0.056	0.056	0.056
Dividend Growth	-	-	-	-	1.82%
Gross Margin	14.95%	15.53%	14.90%	10.64%	15.89%
Operating Margin	5.54%	5.66%	5.82%	0.36%	5.18%
Profit Margin	2.64%	5.13%	3.17%	-6.24%	2.48%
Free Cash Flow Margin	3.64%	-1.44%	4.30%	8.69%	15.58%
EBITDA	50.71	47.54	47.27	36.49	49.33
EBITDA Margin	18.53%	17.18%	17.48%	14.96%	19.55%
D&A For EBITDA	35.54	31.88	31.53	35.63	36.26
EBIT	15.17	15.66	15.74	0.87	13.07
EBIT Margin	5.54%	5.66%	5.82%	0.36%	5.18%
Effective Tax Rate	20.77%	12.55%	23.04%	-	44.84%

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