TSH Resources Berhad (KLSE:TSH)

TSH Resources Berhad Income Statement

Financials in millions MYR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,020	1,067	1,306	1,189	926
Revenue Growth (YoY)	-4.38%	-18.34%	9.85%	28.39%	28.82%
Cost of Revenue	617.32	661.7	799.13	709.09	598.29
Gross Profit	402.51	404.81	506.87	479.83	327.71
Selling, General & Admin	-	219.76	211.6	176.46	182.43
Other Operating Expenses	178.33	21.12	122.35	97.5	43.83
Operating Expenses	178.33	240.66	333.07	270.14	225.25
Operating Income	224.18	164.16	173.8	209.69	102.47
Interest Expense	-12.59	-20.15	-32.38	-41.06	-47.76
Interest & Investment Income	-	13.4	9.86	8.82	13.28
Earnings From Equity Investments	27.22	8.2	50.1	54.88	32.49
Currency Exchange Gain (Loss)	4.52	4.12	5.22	0.55	5.41
Other Non Operating Income (Expenses)	-	4.49	4.66	13.86	4.97
EBT Excluding Unusual Items	243.32	174.21	211.26	246.74	110.86
Impairment of Goodwill	-	-7.77	-0.21	-	-
Gain (Loss) on Sale of Investments	-	0.16	0.01	0.03	0.01
Gain (Loss) on Sale of Assets	-	28.05	396.59	0.36	0.37
Asset Writedown	-21.97	0.77	-56.25	-	1.79
Other Unusual Items	-	0.03	0.17	0.08	-
Pretax Income	221.34	197.84	557.3	254.08	130.24
Income Tax Expense	57.48	72.01	32.3	52.07	39.92
Earnings From Continuing Operations	163.87	125.83	524.99	202.01	90.32
Net Income to Company	163.87	125.83	524.99	202.01	90.32
Minority Interest in Earnings	-23.34	-30.71	-68.59	-32.6	-10.84
Net Income	140.53	95.11	456.41	169.42	79.49
Net Income to Common	140.53	95.11	456.41	169.42	79.49
Net Income Growth	47.75%	-79.16%	169.40%	113.14%	79.51%
Shares Outstanding (Basic)	1,380	1,380	1,380	1,380	1,380
Shares Outstanding (Diluted)	1,380	1,380	1,380	1,380	1,380
Shares Change (YoY)	-0.04%	-	-	-	-0.07%
EPS (Basic)	0.10	0.07	0.33	0.12	0.06
EPS (Diluted)	0.10	0.07	0.33	0.12	0.06
EPS Growth	47.84%	-79.16%	169.51%	113.05%	79.63%
Free Cash Flow	186.46	167.3	144.29	348.2	180.79
Free Cash Flow Per Share	0.14	0.12	0.10	0.25	0.13
Dividend Per Share	-	0.025	0.105	0.030	0.015
Dividend Growth	-	-76.19%	250.00%	100.00%	50.00%
Gross Margin	39.47%	37.96%	38.81%	40.36%	35.39%
Operating Margin	21.98%	15.39%	13.31%	17.64%	11.06%
Profit Margin	13.78%	8.92%	34.95%	14.25%	8.58%
Free Cash Flow Margin	18.28%	15.69%	11.05%	29.29%	19.52%
EBITDA	352.39	255.59	265.71	309.67	196.67
EBITDA Margin	34.55%	23.96%	20.34%	26.05%	21.24%
D&A For EBITDA	128.22	91.44	91.91	99.98	94.21
EBIT	224.18	164.16	173.8	209.69	102.47
EBIT Margin	21.98%	15.39%	13.31%	17.64%	11.06%
Effective Tax Rate	25.97%	36.40%	5.80%	20.49%	30.65%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.