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	1,062	1,020	1,067	1,306	1,189
Revenue Growth (YoY)	4.15%	-4.38%	-18.34%	9.85%	28.39%
Cost of Revenue	599.19	628.62	661.7	799.13	709.09
Gross Profit	462.99	391.18	404.81	506.87	479.83
Selling, General & Admin	-	205.22	220.48	211.6	176.46
Other Operating Expenses	169.09	7.78	20.4	122.35	97.5
Operating Expenses	169.09	213.32	240.66	333.07	270.14
Operating Income	293.9	177.86	164.16	173.8	209.69
Interest Expense	-10.96	-12.57	-20.15	-32.38	-41.06
Interest & Investment Income	-	13.13	13.4	9.86	8.82
Earnings From Equity Investments	17.18	27.34	8.2	50.1	54.88
Currency Exchange Gain (Loss)	2.17	5.33	4.12	5.22	0.55
Other Non Operating Income (Expenses)	-	3.7	4.49	4.66	13.86
EBT Excluding Unusual Items	302.28	214.78	174.21	211.26	246.74
Impairment of Goodwill	-	-	-7.77	-0.21	-
Gain (Loss) on Sale of Investments	-	0.09	0.16	0.01	0.03
Gain (Loss) on Sale of Assets	-	0.9	28.05	396.59	0.36
Asset Writedown	-	3.55	0.77	-56.25	-
Other Unusual Items	-	0.04	0.03	0.17	0.08
Pretax Income	302.28	219.87	197.84	557.3	254.08
Income Tax Expense	79.9	61.59	72.01	32.3	52.07
Earnings From Continuing Operations	222.39	158.28	125.83	524.99	202.01
Net Income to Company	222.39	158.28	125.83	524.99	202.01
Minority Interest in Earnings	-39.44	-22.62	-30.71	-68.59	-32.6
Net Income	182.94	135.66	95.11	456.41	169.42
Net Income to Common	182.94	135.66	95.11	456.41	169.42
Net Income Growth	34.85%	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	41.89%	42.67%	-79.16%	169.51%	113.05%
Free Cash Flow	248.77	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	43.59%	38.36%	37.96%	38.81%	40.36%
Operating Margin	27.67%	17.44%	15.39%	13.31%	17.64%
Profit Margin	17.22%	13.30%	8.92%	34.95%	14.25%
Free Cash Flow Margin	23.42%	18.30%	15.69%	11.05%	29.29%
EBITDA	403.15	295.46	255.59	265.71	309.67
EBITDA Margin	37.95%	28.97%	23.96%	20.34%	26.05%
D&A For EBITDA	109.25	117.6	91.44	91.91	99.98
EBIT	293.9	177.86	164.16	173.8	209.69
EBIT Margin	27.67%	17.44%	15.39%	13.31%	17.64%
Effective Tax Rate	26.43%	28.01%	36.40%	5.80%	20.49%

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