TSH Resources 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
Revenue	1,060	1,020	1,067	1,306	1,189
Revenue Growth (YoY)	3.98%	-4.38%	-18.34%	9.85%	28.39%
Cost of Revenue	598.6	628.62	661.7	799.13	709.09
Gross Profit	461.81	391.18	404.81	506.87	479.83
Selling, General & Admin	185.46	205.22	220.48	211.6	176.46
Other Operating Expenses	-14.92	10.17	20.4	122.35	97.5
Operating Expenses	171.71	215.71	240.66	333.07	270.14
Operating Income	290.1	175.47	164.16	173.8	209.69
Interest Expense	-10.96	-12.57	-20.15	-32.38	-41.06
Interest & Investment Income	21.54	13.13	13.4	9.86	8.82
Earnings From Equity Investments	17.11	27.34	8.2	50.1	54.88
Currency Exchange Gain (Loss)	5.17	5.33	4.12	5.22	0.55
Other Non Operating Income (Expenses)	11.26	3.7	4.49	4.66	13.86
EBT Excluding Unusual Items	334.22	212.39	174.21	211.26	246.74
Impairment of Goodwill	-	-	-7.77	-0.21	-
Gain (Loss) on Sale of Investments	-27.81	-0.77	0.16	0.01	0.03
Gain (Loss) on Sale of Assets	1.04	0.9	28.05	396.59	0.36
Asset Writedown	-4.63	6.8	0.77	-56.25	-
Other Unusual Items	0	0.04	0.03	0.17	0.08
Pretax Income	303.2	219.87	197.84	557.3	254.08
Income Tax Expense	80.26	61.59	72.01	32.3	52.07
Earnings From Continuing Operations	222.93	158.28	125.83	524.99	202.01
Net Income to Company	222.93	158.28	125.83	524.99	202.01
Minority Interest in Earnings	-39.56	-22.62	-30.71	-68.59	-32.6
Net Income	183.37	135.66	95.11	456.41	169.42
Net Income to Common	183.37	135.66	95.11	456.41	169.42
Net Income Growth	35.17%	42.63%	-79.16%	169.40%	113.14%
Shares Outstanding (Basic)	1,312	1,380	1,380	1,380	1,380
Shares Outstanding (Diluted)	1,312	1,380	1,380	1,380	1,380
Shares Change (YoY)	-4.93%	-0.04%	-	-	-
EPS (Basic)	0.14	0.10	0.07	0.33	0.12
EPS (Diluted)	0.14	0.10	0.07	0.33	0.12
EPS Growth	42.22%	42.67%	-79.16%	169.51%	113.05%
Free Cash Flow	248.8	186.68	167.3	144.29	348.2
Free Cash Flow Per Share	0.19	0.14	0.12	0.10	0.25
Dividend Per Share	0.050	0.025	0.025	0.105	0.030
Dividend Growth	100.00%	-	-76.19%	250.00%	100.00%
Gross Margin	43.55%	38.36%	37.96%	38.81%	40.36%
Operating Margin	27.36%	17.21%	15.39%	13.31%	17.64%
Profit Margin	17.29%	13.30%	8.92%	34.95%	14.25%
Free Cash Flow Margin	23.46%	18.30%	15.69%	11.05%	29.29%
EBITDA	381.94	293.08	255.59	265.71	309.67
EBITDA Margin	36.02%	28.74%	23.96%	20.34%	26.05%
D&A For EBITDA	91.84	117.6	91.44	91.91	99.98
EBIT	290.1	175.47	164.16	173.8	209.69
EBIT Margin	27.36%	17.21%	15.39%	13.31%	17.64%
Effective Tax Rate	26.47%	28.01%	36.40%	5.80%	20.49%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.