TSH Resources Berhad Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,101	1,020	1,067	1,306	1,189	926
Revenue Growth (YoY)	11.43%	-4.38%	-18.34%	9.85%	28.39%	28.82%
Cost of Revenue	620.52	628.62	661.7	799.13	709.09	598.29
Gross Profit	480.2	391.18	404.81	506.87	479.83	327.71
Selling, General & Admin	205.22	205.22	220.48	211.6	176.46	182.43
Other Operating Expenses	4.42	7.78	20.4	122.35	97.5	43.83
Operating Expenses	209.97	213.32	240.66	333.07	270.14	225.25
Operating Income	270.24	177.86	164.16	173.8	209.69	102.47
Interest Expense	-10.96	-12.57	-20.15	-32.38	-41.06	-47.76
Interest & Investment Income	13.13	13.13	13.4	9.86	8.82	13.28
Earnings From Equity Investments	27.33	27.34	8.2	50.1	54.88	32.49
Currency Exchange Gain (Loss)	2.44	5.33	4.12	5.22	0.55	5.41
Other Non Operating Income (Expenses)	3.7	3.7	4.49	4.66	13.86	4.97
EBT Excluding Unusual Items	305.87	214.78	174.21	211.26	246.74	110.86
Impairment of Goodwill	-	-	-7.77	-0.21	-	-
Gain (Loss) on Sale of Investments	0.09	0.09	0.16	0.01	0.03	0.01
Gain (Loss) on Sale of Assets	0.9	0.9	28.05	396.59	0.36	0.37
Asset Writedown	25.52	3.55	0.77	-56.25	-	1.79
Other Unusual Items	0.04	0.04	0.03	0.17	0.08	-
Pretax Income	332.94	219.87	197.84	557.3	254.08	130.24
Income Tax Expense	83.24	61.59	72.01	32.3	52.07	39.92
Earnings From Continuing Operations	249.7	158.28	125.83	524.99	202.01	90.32
Net Income to Company	249.7	158.28	125.83	524.99	202.01	90.32
Minority Interest in Earnings	-34.05	-22.62	-30.71	-68.59	-32.6	-10.84
Net Income	215.64	135.66	95.11	456.41	169.42	79.49
Net Income to Common	215.64	135.66	95.11	456.41	169.42	79.49
Net Income Growth	116.90%	42.63%	-79.16%	169.40%	113.14%	79.51%
Shares Outstanding (Basic)	1,338	1,380	1,380	1,380	1,380	1,380
Shares Outstanding (Diluted)	1,338	1,380	1,380	1,380	1,380	1,380
Shares Change (YoY)	-3.09%	-0.04%	-	-	-	-0.07%
EPS (Basic)	0.16	0.10	0.07	0.33	0.12	0.06
EPS (Diluted)	0.16	0.10	0.07	0.33	0.12	0.06
EPS Growth	123.80%	42.67%	-79.16%	169.51%	113.05%	79.63%
Free Cash Flow	270.98	186.68	167.3	144.29	348.2	180.79
Free Cash Flow Per Share	0.20	0.14	0.12	0.10	0.25	0.13
Dividend Per Share	-	0.025	0.025	0.105	0.030	0.015
Dividend Growth	-	-	-76.19%	250.00%	100.00%	50.00%
Gross Margin	43.63%	38.36%	37.96%	38.81%	40.36%	35.39%
Operating Margin	24.55%	17.44%	15.39%	13.31%	17.64%	11.06%
Profit Margin	19.59%	13.30%	8.92%	34.95%	14.25%	8.58%
Free Cash Flow Margin	24.62%	18.30%	15.69%	11.05%	29.29%	19.52%
EBITDA	368.99	295.46	255.59	265.71	309.67	196.67
EBITDA Margin	33.52%	28.97%	23.96%	20.34%	26.05%	21.24%
D&A For EBITDA	98.75	117.6	91.44	91.91	99.98	94.21
EBIT	270.24	177.86	164.16	173.8	209.69	102.47
EBIT Margin	24.55%	17.44%	15.39%	13.31%	17.64%	11.06%
Effective Tax Rate	25.00%	28.01%	36.40%	5.80%	20.49%	30.65%

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