Huationg Global 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
Revenue	298.84	226.37	174.59	151.7	170.44
Revenue Growth (YoY)	32.02%	29.65%	15.09%	-10.99%	46.98%
Cost of Revenue	249.41	176.67	128.84	115.73	148.13
Gross Profit	49.43	49.7	45.75	35.97	22.31
Selling, General & Admin	22.71	28.39	24.71	21.6	19.87
Other Operating Expenses	1.67	1.04	0.91	0.71	0.76
Operating Expenses	27.71	33.82	29.88	28.07	22.97
Operating Income	21.72	15.88	15.86	7.91	-0.65
Interest Expense	-2.49	-2.73	-3.27	-2.68	-2.57
Interest & Investment Income	2.59	3.92	1.24	0.08	0.06
Earnings From Equity Investments	-0	-	-0	-0.15	1.02
Currency Exchange Gain (Loss)	-	0.09	-	0.05	-0.09
Other Non Operating Income (Expenses)	1.9	2.36	2.78	3.78	4.06
EBT Excluding Unusual Items	23.72	19.52	16.62	8.98	1.82
Gain (Loss) on Sale of Investments	1	0.22	0.22	0.22	0.2
Gain (Loss) on Sale of Assets	-	0.07	0.08	0.35	0.81
Asset Writedown	-0.03	-0.19	-0.04	-0.06	-
Other Unusual Items	-	-	-	1.76	1.76
Pretax Income	24.69	20	17.57	12.03	5.38
Income Tax Expense	4.93	3.69	3.34	1.88	0.2
Earnings From Continuing Operations	19.75	16.31	14.23	10.15	5.19
Minority Interest in Earnings	-0.61	0.04	0.04	0.07	0.14
Net Income	19.14	16.36	14.27	10.22	5.33
Net Income to Common	19.14	16.36	14.27	10.22	5.33
Net Income Growth	17.03%	14.59%	39.68%	91.87%	-
Shares Outstanding (Basic)	177	177	177	177	155
Shares Outstanding (Diluted)	177	177	177	177	155
Shares Change (YoY)	-	-	0.30%	14.20%	2.22%
EPS (Basic)	0.11	0.09	0.08	0.06	0.03
EPS (Diluted)	0.11	0.09	0.08	0.06	0.03
EPS Growth	17.03%	14.59%	39.26%	68.02%	-
Free Cash Flow	9.88	42.4	68.86	38.82	17.01
Free Cash Flow Per Share	0.06	0.24	0.39	0.22	0.11
Dividend Per Share	0.015	0.011	0.008	0.008	-
Dividend Growth	36.36%	37.50%	-	-	-
Gross Margin	16.54%	21.95%	26.20%	23.71%	13.09%
Operating Margin	7.27%	7.02%	9.09%	5.21%	-0.38%
Profit Margin	6.40%	7.22%	8.18%	6.74%	3.13%
Free Cash Flow Margin	3.31%	18.73%	39.44%	25.59%	9.98%
EBITDA	37.24	28.04	25.21	17.2	7.66
EBITDA Margin	12.46%	12.39%	14.44%	11.34%	4.49%
D&A For EBITDA	15.52	12.16	9.34	9.29	8.31
EBIT	21.72	15.88	15.86	7.91	-0.65
EBIT Margin	7.27%	7.02%	9.09%	5.21%	-0.38%
Effective Tax Rate	19.98%	18.44%	18.99%	15.62%	3.64%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.