TSH Resources Berhad (SGX:TSH)

TSH Resources Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,069	1,020	1,067	1,306	1,189	926
Revenue Growth (YoY)	1.37%	-4.38%	-18.34%	9.85%	28.39%	28.82%
Cost of Revenue	620.57	628.62	661.7	799.13	709.09	598.29
Gross Profit	448.44	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	11.02	7.78	20.4	122.35	97.5	43.83
Operating Expenses	216.56	213.32	240.66	333.07	270.14	225.25
Operating Income	231.87	177.86	164.16	173.8	209.69	102.47
Interest Expense	-11.16	-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	29.31	27.34	8.2	50.1	54.88	32.49
Currency Exchange Gain (Loss)	5	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	271.85	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	298.91	219.87	197.84	557.3	254.08	130.24
Income Tax Expense	77.01	61.59	72.01	32.3	52.07	39.92
Earnings From Continuing Operations	221.9	158.28	125.83	524.99	202.01	90.32
Net Income to Company	221.9	158.28	125.83	524.99	202.01	90.32
Minority Interest in Earnings	-29.53	-22.62	-30.71	-68.59	-32.6	-10.84
Net Income	192.38	135.66	95.11	456.41	169.42	79.49
Net Income to Common	192.38	135.66	95.11	456.41	169.42	79.49
Net Income Growth	100.76%	42.63%	-79.16%	169.40%	113.14%	79.51%
Shares Outstanding (Basic)	1,358	1,380	1,380	1,380	1,380	1,380
Shares Outstanding (Diluted)	1,358	1,380	1,380	1,380	1,380	1,380
Shares Change (YoY)	-1.59%	-0.04%	-	-	-	-0.07%
EPS (Basic)	0.14	0.10	0.07	0.33	0.12	0.06
EPS (Diluted)	0.14	0.10	0.07	0.33	0.12	0.06
EPS Growth	103.99%	42.67%	-79.16%	169.51%	113.05%	79.63%
Free Cash Flow	232.87	186.68	167.3	144.29	348.2	180.79
Free Cash Flow Per Share	0.17	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	41.95%	38.36%	37.96%	38.81%	40.36%	35.39%
Operating Margin	21.69%	17.44%	15.39%	13.31%	17.64%	11.06%
Profit Margin	18.00%	13.30%	8.92%	34.95%	14.25%	8.58%
Free Cash Flow Margin	21.78%	18.30%	15.69%	11.05%	29.29%	19.52%
EBITDA	330.65	295.46	255.59	265.71	309.67	196.67
EBITDA Margin	30.93%	28.97%	23.96%	20.34%	26.05%	21.24%
D&A For EBITDA	98.78	117.6	91.44	91.91	99.98	94.21
EBIT	231.87	177.86	164.16	173.8	209.69	102.47
EBIT Margin	21.69%	17.44%	15.39%	13.31%	17.64%	11.06%
Effective Tax Rate	25.76%	28.01%	36.40%	5.80%	20.49%	30.65%

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