Nam Cheong Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	621.18	619.89	684.71	475.27	365.72	286.16
Revenue Growth (YoY)	-9.96%	-9.47%	44.07%	29.95%	27.80%	-23.14%
Cost of Revenue	324.83	316.75	246.94	269.91	265.03	222.45
Gross Profit	296.35	303.14	437.77	205.36	100.69	63.71
Selling, General & Admin	84.76	78.8	59.76	43.22	38.32	32.92
Other Operating Expenses	12.14	11.79	14.27	12.02	20.04	25.33
Operating Expenses	100.39	90.59	74.03	54.01	57.47	59.56
Operating Income	195.96	212.55	363.74	151.36	43.22	4.14
Interest Expense	-18.12	-19.25	-18.37	-27.41	-30.04	-33.76
Interest & Investment Income	5.6	5.52	1.32	1.76	1.1	2.5
Earnings From Equity Investments	0.02	2.95	22.71	9.83	5.89	-0.37
Currency Exchange Gain (Loss)	14.19	11.84	27.28	6.29	-	-
Other Non Operating Income (Expenses)	14.15	14.15	8.38	5.75	0.77	1.34
EBT Excluding Unusual Items	211.8	227.76	405.06	147.58	20.94	-26.15
Gain (Loss) on Sale of Investments	13.19	13.19	-	-	0.28	-
Gain (Loss) on Sale of Assets	128.48	69.16	31.17	44.32	44.38	-0.48
Asset Writedown	-	-	-	-	-	-6.93
Other Unusual Items	22.38	22.38	409.72	12.09	13.21	123.27
Pretax Income	375.85	332.48	845.95	203.99	79.52	91.13
Income Tax Expense	37.27	40.15	45.75	23.36	17.99	7.14
Earnings From Continuing Operations	338.58	292.33	800.2	180.63	61.53	83.99
Minority Interest in Earnings	-2.86	-5.16	-14.96	-5.65	-2.21	2.77
Net Income	335.72	287.17	785.24	174.98	59.32	86.76
Net Income to Common	335.72	287.17	785.24	174.98	59.32	86.76
Net Income Growth	27.61%	-63.43%	348.76%	194.98%	-31.63%	-
Shares Outstanding (Basic)	397	396	333	80	80	78
Shares Outstanding (Diluted)	399	398	338	82	81	79
Shares Change (YoY)	-0.38%	17.82%	312.65%	1.18%	2.33%	8.94%
EPS (Basic)	0.84	0.72	2.36	2.17	0.75	1.12
EPS (Diluted)	0.84	0.72	2.32	2.14	0.73	1.10
EPS Growth	28.09%	-68.96%	8.75%	191.56%	-33.36%	-
Free Cash Flow	26.98	44.4	97.1	-53.47	-29.3	-37.86
Free Cash Flow Per Share	0.07	0.11	0.29	-0.65	-0.36	-0.48
Gross Margin	47.71%	48.90%	63.93%	43.21%	27.53%	22.26%
Operating Margin	31.55%	34.29%	53.12%	31.85%	11.82%	1.45%
Profit Margin	54.05%	46.33%	114.68%	36.82%	16.22%	30.32%
Free Cash Flow Margin	4.34%	7.16%	14.18%	-11.25%	-8.01%	-13.23%
EBITDA	253.56	265.79	400.19	176.64	71.02	30.9
EBITDA Margin	40.82%	42.88%	58.45%	37.17%	19.42%	10.80%
D&A For EBITDA	57.6	53.25	36.45	25.28	27.79	26.75
EBIT	195.96	212.55	363.74	151.36	43.22	4.14
EBIT Margin	31.55%	34.29%	53.12%	31.85%	11.82%	1.45%
Effective Tax Rate	9.92%	12.07%	5.41%	11.45%	22.63%	7.83%