Hafary Holdings Income Statement

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

Millions SGD. 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
Operating Revenue	286.99	263.14	226.42	168.89	126
Other Revenue	0.49	0.77	0.53	0.5	0.29
Revenue	287.48	263.9	226.95	169.39	126.3
Revenue Growth (YoY)	8.94%	16.28%	33.98%	34.12%	49.60%
Cost of Revenue	173.04	157.55	123.93	91.45	75.93
Gross Profit	114.44	106.35	103.02	77.94	50.36
Selling, General & Admin	40.66	38.27	36.08	26.8	23.27
Other Operating Expenses	12.15	11.39	7.52	4.2	3.64
Operating Expenses	66.96	62.78	55.17	40.74	34.92
Operating Income	47.49	43.58	47.85	37.2	15.45
Interest Expense	-10.72	-12.18	-9.49	-4.62	-3.2
Earnings From Equity Investments	2.05	2.32	3.5	4.04	1.56
Currency Exchange Gain (Loss)	-0.26	-0.54	-0.27	0.22	0.25
Other Non Operating Income (Expenses)	-0.12	-0.16	-0.3	0.07	-0.32
EBT Excluding Unusual Items	38.44	33.02	41.3	36.91	13.73
Gain (Loss) on Sale of Investments	-	0.45	7.51	0.22	-0.07
Gain (Loss) on Sale of Assets	0.17	4.24	0	0.16	-
Asset Writedown	-	-0.9	-	-	-
Other Unusual Items	0.18	0.09	0.09	0.26	1.47
Pretax Income	38.8	36.91	48.97	37.58	15.13
Income Tax Expense	7.74	8.21	8.87	6.95	2.82
Earnings From Continuing Operations	31.05	28.7	40.1	30.64	12.31
Minority Interest in Earnings	-1.19	-1.15	-1.03	-1.27	-0.73
Net Income	29.87	27.55	39.07	29.37	11.58
Net Income to Common	29.87	27.55	39.07	29.37	11.58
Net Income Growth	8.40%	-29.48%	33.00%	153.64%	120.15%
Shares Outstanding (Basic)	431	431	431	431	431
Shares Outstanding (Diluted)	431	431	431	431	431
EPS (Basic)	0.07	0.06	0.09	0.07	0.03
EPS (Diluted)	0.07	0.06	0.09	0.07	0.03
EPS Growth	8.40%	-29.45%	32.99%	153.58%	120.45%
Free Cash Flow	46.06	10.48	31.47	8.42	-1.85
Free Cash Flow Per Share	0.11	0.02	0.07	0.02	-0.00
Dividend Per Share	0.015	0.015	0.015	0.015	0.015
Dividend Growth	-	-	-	-	50.00%
Gross Margin	39.81%	40.30%	45.40%	46.01%	39.88%
Operating Margin	16.52%	16.51%	21.08%	21.96%	12.23%
Profit Margin	10.39%	10.44%	17.21%	17.34%	9.17%
Free Cash Flow Margin	16.02%	3.97%	13.87%	4.97%	-1.47%
EBITDA	58.79	54.33	56.77	44.14	20.65
EBITDA Margin	20.45%	20.59%	25.01%	26.06%	16.35%
D&A For EBITDA	11.3	10.75	8.92	6.94	5.21
EBIT	47.49	43.58	47.85	37.2	15.45
EBIT Margin	16.52%	16.51%	21.08%	21.96%	12.23%
Effective Tax Rate	19.96%	22.24%	18.12%	18.48%	18.64%

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