TSH Resources Berhad (KLSE: TSH)

TSH Resources Berhad Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	987.77	1,067	1,306	1,189	926	718.81
Revenue Growth (YoY)	-9.14%	-18.34%	9.85%	28.39%	28.82%	-20.70%
Cost of Revenue	611.23	661.7	799.13	709.09	598.29	508.67
Gross Profit	376.54	404.81	506.87	479.83	327.71	210.14
Selling, General & Admin	219.76	219.76	211.6	176.46	182.43	137.7
Other Operating Expenses	-5.34	21.12	122.35	97.5	43.83	57.41
Operating Expenses	214.21	240.66	333.07	270.14	225.25	195.11
Operating Income	162.34	164.16	173.8	209.69	102.47	15.03
Interest Expense	-14.15	-20.15	-32.38	-41.06	-47.76	-44.56
Interest & Investment Income	13.4	13.4	9.86	8.82	13.28	9.42
Earnings From Equity Investments	18.8	8.2	50.1	54.88	32.49	19.18
Currency Exchange Gain (Loss)	17.37	4.12	5.22	0.55	5.41	6.21
Other Non Operating Income (Expenses)	10.27	4.49	4.66	13.86	4.97	13.74
EBT Excluding Unusual Items	208.03	174.21	211.26	246.74	110.86	19.03
Impairment of Goodwill	-7.77	-7.77	-0.21	-	-	-
Gain (Loss) on Sale of Investments	0.16	0.16	0.01	0.03	0.01	-
Gain (Loss) on Sale of Assets	0.45	28.05	396.59	0.36	0.37	1.43
Asset Writedown	-21.2	0.77	-56.25	-	1.79	0.15
Other Unusual Items	0.03	0.03	0.17	0.08	-	-
Pretax Income	182.08	197.84	557.3	254.08	130.24	62.31
Income Tax Expense	62.83	72.01	32.3	52.07	39.92	20.8
Earnings From Continuing Operations	119.25	125.83	524.99	202.01	90.32	41.51
Earnings From Discontinued Operations	-	-	-	-	-	4.12
Net Income to Company	119.25	125.83	524.99	202.01	90.32	45.63
Minority Interest in Earnings	-19.83	-30.71	-68.59	-32.6	-10.84	-1.35
Net Income	99.42	95.11	456.41	169.42	79.49	44.28
Net Income to Common	99.42	95.11	456.41	169.42	79.49	44.28
Net Income Growth	-12.56%	-79.16%	169.40%	113.14%	79.51%	9.44%
Shares Outstanding (Basic)	1,380	1,380	1,380	1,380	1,380	1,381
Shares Outstanding (Diluted)	1,380	1,380	1,380	1,380	1,380	1,381
Shares Change (YoY)	-	-	-	-	-0.07%	-0.05%
EPS (Basic)	0.07	0.07	0.33	0.12	0.06	0.03
EPS (Diluted)	0.07	0.07	0.33	0.12	0.06	0.03
EPS Growth	-12.57%	-79.16%	169.51%	113.05%	79.63%	9.49%
Free Cash Flow	149.42	167.3	144.29	348.2	180.79	80.55
Free Cash Flow Per Share	0.11	0.12	0.10	0.25	0.13	0.06
Dividend Per Share	0.050	0.025	0.105	0.030	0.015	0.010
Dividend Growth	100.00%	-76.19%	250.00%	100.00%	50.00%	0%
Gross Margin	38.12%	37.96%	38.81%	40.36%	35.39%	29.23%
Operating Margin	16.43%	15.39%	13.31%	17.64%	11.07%	2.09%
Profit Margin	10.07%	8.92%	34.95%	14.25%	8.58%	6.16%
Free Cash Flow Margin	15.13%	15.69%	11.05%	29.29%	19.52%	11.21%
EBITDA	279.58	255.59	265.71	309.67	196.67	104.02
EBITDA Margin	28.30%	23.96%	20.34%	26.05%	21.24%	14.47%
D&A For EBITDA	117.24	91.44	91.91	99.98	94.21	88.99
EBIT	162.34	164.16	173.8	209.69	102.47	15.03
EBIT Margin	16.43%	15.39%	13.31%	17.64%	11.07%	2.09%
Effective Tax Rate	34.51%	36.40%	5.80%	20.49%	30.65%	33.39%

Source: S&P Capital IQ. Standard template. Financial Sources.