Xin Hwa Holdings Berhad (KLSE:XINHWA)

Xin Hwa Holdings Berhad Income Statement

Financials in millions MYR. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	142.38	120.54	118.28	105.42	97.76
Revenue Growth (YoY)	18.13%	1.91%	12.20%	7.84%	-16.64%
Cost of Revenue	108.85	94.39	90.7	77.21	62.51
Gross Profit	33.54	26.15	27.58	28.21	35.25
Selling, General & Admin	38.68	34.94	33.49	25.7	28.15
Operating Expenses	38.68	40.03	36.83	28.02	27.59
Operating Income	-5.14	-13.88	-9.25	0.19	7.66
Interest Expense	-8.21	-7.56	-6.11	-3.74	-3.34
Other Non Operating Income (Expenses)	3.82	0.94	0.77	3.95	0.28
EBT Excluding Unusual Items	-9.53	-20.5	-14.58	0.4	4.61
Pretax Income	-9.53	-20.5	-14.58	0.4	4.61
Income Tax Expense	0.87	0.9	1.13	-4.01	1.55
Earnings From Continuing Operations	-10.4	-21.39	-15.71	4.41	3.06
Minority Interest in Earnings	-0.4	0.12	-0.34	0.21	-0.06
Net Income	-10.81	-21.27	-16.05	4.62	3
Net Income to Common	-10.81	-21.27	-16.05	4.62	3
Net Income Growth	-	-	-	54.09%	179.28%
Shares Outstanding (Basic)	256	256	252	238	219
Shares Outstanding (Diluted)	256	256	252	243	223
Shares Change (YoY)	-	1.32%	3.75%	9.24%	3.07%
EPS (Basic)	-0.04	-0.08	-0.06	0.02	0.01
EPS (Diluted)	-0.04	-0.08	-0.06	0.02	0.01
EPS Growth	-	-	-	40.74%	171.77%
Free Cash Flow	15.58	13.36	-3.17	1.24	0.8
Free Cash Flow Per Share	0.06	0.05	-0.01	0.01	0.00
Gross Margin	23.55%	21.69%	23.32%	26.76%	36.06%
Operating Margin	-3.61%	-11.51%	-7.82%	0.18%	7.83%
Profit Margin	-7.59%	-17.65%	-13.57%	4.38%	3.06%
Free Cash Flow Margin	10.94%	11.08%	-2.68%	1.17%	0.82%
EBITDA	16.08	-2.16	1.98	10.48	18.26
EBITDA Margin	11.29%	-1.79%	1.67%	9.95%	18.68%
D&A For EBITDA	21.22	11.71	11.23	10.3	10.6
EBIT	-5.14	-13.88	-9.25	0.19	7.66
EBIT Margin	-3.61%	-11.51%	-7.82%	0.18%	7.83%
Effective Tax Rate	-	-	-	-	33.70%

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