TRC Synergy Berhad (KLSE:TRC)

TRC Synergy 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	562.91	505.92	679.46	678.39	762.12	753.85
Revenue Growth (YoY)	19.47%	-25.54%	0.16%	-10.99%	1.10%	-10.94%
Cost of Revenue	506.44	457.06	633.38	618.81	705.13	699.22
Gross Profit	56.46	48.86	46.08	59.58	56.99	54.63
Selling, General & Admin	34.98	35.41	33.65	37.52	39.43	35.52
Other Operating Expenses	-0.87	-0.93	-0.6	-8.53	-1.87	-1.72
Operating Expenses	36.29	35.95	34.5	20.34	37.59	33.8
Operating Income	20.17	12.91	11.58	39.24	19.4	20.83
Interest Expense	-3.29	-4.2	-2.57	-2.97	-5.79	-6.56
Interest & Investment Income	2.71	7.98	8.13	19.03	3.76	6.27
Earnings From Equity Investments	9.83	8.46	0.88	-0.52	8.94	10.23
Currency Exchange Gain (Loss)	-1.7	0.22	8.59	3.4	0.41	8.31
Other Non Operating Income (Expenses)	-1.8	-6.65	-2.35	-1.08	-2.89	-2.77
EBT Excluding Unusual Items	25.93	18.71	24.25	57.1	23.82	36.31
Gain (Loss) on Sale of Investments	2.18	2.18	2.55	0.39	-	-
Gain (Loss) on Sale of Assets	1.46	1.46	3.38	1.02	0.42	0.36
Asset Writedown	-	-	2.36	-	-	-
Pretax Income	29.57	22.35	32.55	58.5	24.24	36.67
Income Tax Expense	9.22	9.66	6.94	1.41	6.1	9.04
Earnings From Continuing Operations	20.35	12.69	25.6	57.09	18.14	27.63
Minority Interest in Earnings	-0.19	-0.12	-0.34	-3.8	2.53	-0.37
Net Income	20.16	12.57	25.27	53.29	20.67	27.26
Net Income to Common	20.16	12.57	25.27	53.29	20.67	27.26
Net Income Growth	9.63%	-50.24%	-52.59%	157.79%	-24.17%	52.90%
Shares Outstanding (Basic)	471	471	471	471	471	473
Shares Outstanding (Diluted)	471	471	471	471	471	473
Shares Change (YoY)	0.08%	-	-	-	-0.42%	-1.50%
EPS (Basic)	0.04	0.03	0.05	0.11	0.04	0.06
EPS (Diluted)	0.04	0.03	0.05	0.11	0.04	0.06
EPS Growth	9.66%	-50.23%	-52.60%	157.79%	-23.85%	55.25%
Free Cash Flow	6.04	-76.18	198.1	-24.63	131.46	-25.87
Free Cash Flow Per Share	0.01	-0.16	0.42	-0.05	0.28	-0.06
Dividend Per Share	0.007	0.007	0.012	0.012	0.012	0.010
Dividend Growth	-41.67%	-41.67%	-	-	20.00%	-9.09%
Gross Margin	10.03%	9.66%	6.78%	8.78%	7.48%	7.25%
Operating Margin	3.58%	2.55%	1.70%	5.79%	2.55%	2.76%
Profit Margin	3.58%	2.48%	3.72%	7.85%	2.71%	3.62%
Free Cash Flow Margin	1.07%	-15.06%	29.15%	-3.63%	17.25%	-3.43%
EBITDA	27.14	20.39	21.43	51.93	30.92	31.2
EBITDA Margin	4.82%	4.03%	3.15%	7.66%	4.06%	4.14%
D&A For EBITDA	6.97	7.48	9.86	12.69	11.52	10.37
EBIT	20.17	12.91	11.58	39.24	19.4	20.83
EBIT Margin	3.58%	2.55%	1.70%	5.79%	2.55%	2.76%
Effective Tax Rate	31.18%	43.21%	21.34%	2.41%	25.16%	24.66%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.