FM Global Logistics Holdings Bhd
KLSE:FM
Income Statement
Earnings Waterfall
FM Global Logistics Holdings Bhd
Income Statement
FM Global Logistics Holdings Bhd
| Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
3
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
83
N/A
|
87
+5%
|
88
+1%
|
91
+4%
|
161
+77%
|
169
+5%
|
178
+5%
|
185
+4%
|
188
+2%
|
196
+4%
|
203
+4%
|
212
+4%
|
222
+5%
|
234
+5%
|
240
+3%
|
237
-1%
|
229
-3%
|
223
-3%
|
228
+2%
|
245
+7%
|
266
+9%
|
279
+5%
|
287
+3%
|
289
+1%
|
296
+2%
|
305
+3%
|
312
+2%
|
320
+3%
|
327
+2%
|
331
+1%
|
342
+3%
|
357
+4%
|
365
+2%
|
380
+4%
|
391
+3%
|
396
+1%
|
403
+2%
|
407
+1%
|
411
+1%
|
416
+1%
|
420
+1%
|
419
0%
|
415
-1%
|
417
+0%
|
414
-1%
|
417
+1%
|
429
+3%
|
442
+3%
|
461
+4%
|
484
+5%
|
501
+3%
|
506
+1%
|
512
+1%
|
520
+2%
|
526
+1%
|
532
+1%
|
545
+2%
|
548
+1%
|
559
+2%
|
568
+2%
|
552
-3%
|
561
+2%
|
583
+4%
|
662
+14%
|
763
+15%
|
828
+8%
|
939
+13%
|
1 047
+12%
|
1 153
+10%
|
1 243
+8%
|
1 207
-3%
|
1 085
-10%
|
948
-13%
|
834
-12%
|
789
-5%
|
793
+1%
|
817
+3%
|
882
+8%
|
925
+5%
|
944
+2%
|
953
+1%
|
934
-2%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(296)
|
0
|
0
|
0
|
(330)
|
0
|
0
|
0
|
(374)
|
0
|
0
|
0
|
(399)
|
0
|
0
|
0
|
(396)
|
0
|
0
|
0
|
(569)
|
0
|
0
|
0
|
(924)
|
0
|
0
|
0
|
(719)
|
0
|
0
|
0
|
(583)
|
0
|
0
|
0
|
(706)
|
0
|
|
| Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
118
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
132
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
137
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
147
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
156
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
194
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
229
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
229
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
235
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
246
N/A
|
0
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(78)
|
(80)
|
(80)
|
(83)
|
(150)
|
(157)
|
(164)
|
(171)
|
(173)
|
(180)
|
(187)
|
(194)
|
(204)
|
(214)
|
(220)
|
(217)
|
(209)
|
(201)
|
(206)
|
(222)
|
(242)
|
(255)
|
(263)
|
(265)
|
(270)
|
(278)
|
(285)
|
(292)
|
(297)
|
(302)
|
(313)
|
(326)
|
(333)
|
(347)
|
(357)
|
(362)
|
(370)
|
(375)
|
(379)
|
(386)
|
(392)
|
(391)
|
(387)
|
(386)
|
(88)
|
(386)
|
(397)
|
(412)
|
(98)
|
(450)
|
(466)
|
(470)
|
(105)
|
(487)
|
(495)
|
(504)
|
(116)
|
(520)
|
(529)
|
(538)
|
(127)
|
(531)
|
(552)
|
(623)
|
(149)
|
(778)
|
(881)
|
(982)
|
(159)
|
(1 169)
|
(1 131)
|
(1 011)
|
(162)
|
(774)
|
(734)
|
(741)
|
(183)
|
(829)
|
(869)
|
(889)
|
(191)
|
(877)
|
|
| Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(96)
|
0
|
0
|
0
|
(107)
|
0
|
0
|
0
|
(116)
|
0
|
0
|
0
|
(124)
|
0
|
0
|
0
|
(136)
|
0
|
0
|
0
|
(158)
|
0
|
0
|
0
|
(168)
|
0
|
0
|
0
|
(175)
|
0
|
0
|
0
|
(196)
|
0
|
0
|
0
|
(200)
|
0
|
|
| Other Operating Expenses |
(78)
|
(82)
|
(80)
|
(83)
|
(150)
|
(157)
|
(164)
|
(171)
|
(173)
|
(180)
|
(187)
|
(194)
|
(204)
|
(214)
|
(220)
|
(217)
|
(209)
|
(201)
|
(206)
|
(222)
|
(242)
|
(255)
|
(263)
|
(265)
|
(270)
|
(278)
|
(285)
|
(292)
|
(297)
|
(302)
|
(313)
|
(326)
|
(333)
|
(347)
|
(357)
|
(362)
|
(370)
|
(375)
|
(379)
|
(386)
|
(392)
|
(391)
|
(387)
|
(386)
|
9
|
(386)
|
(397)
|
(412)
|
9
|
(450)
|
(466)
|
(470)
|
11
|
(487)
|
(495)
|
(504)
|
8
|
(520)
|
(529)
|
(538)
|
9
|
(531)
|
(552)
|
(623)
|
9
|
(778)
|
(881)
|
(982)
|
9
|
(1 169)
|
(1 131)
|
(1 011)
|
13
|
(774)
|
(734)
|
(741)
|
14
|
(829)
|
(869)
|
(889)
|
9
|
(877)
|
|
| Operating Income |
5
N/A
|
7
+43%
|
8
+18%
|
9
+9%
|
11
+33%
|
12
+7%
|
13
+7%
|
14
+5%
|
15
+9%
|
16
+4%
|
16
+4%
|
18
+12%
|
18
N/A
|
19
+6%
|
20
+4%
|
19
-3%
|
21
+7%
|
21
+3%
|
22
+4%
|
22
+0%
|
23
+4%
|
24
+2%
|
24
+1%
|
24
0%
|
26
+7%
|
27
+2%
|
27
+2%
|
28
+3%
|
30
+7%
|
29
-1%
|
30
+1%
|
31
+6%
|
32
+3%
|
33
+3%
|
34
+2%
|
34
+1%
|
33
-3%
|
33
-1%
|
32
-2%
|
31
-5%
|
28
-8%
|
28
+0%
|
28
+1%
|
31
+9%
|
30
-3%
|
31
+3%
|
31
+2%
|
30
-4%
|
34
+11%
|
34
+2%
|
35
+3%
|
36
+1%
|
32
-9%
|
33
+2%
|
31
-6%
|
29
-8%
|
30
+6%
|
29
-5%
|
30
+5%
|
29
-4%
|
29
-1%
|
30
+5%
|
32
+5%
|
39
+24%
|
45
+15%
|
51
+12%
|
58
+15%
|
65
+13%
|
70
+7%
|
74
+6%
|
77
+3%
|
74
-4%
|
67
-8%
|
60
-10%
|
54
-11%
|
52
-3%
|
52
0%
|
54
+3%
|
56
+5%
|
55
-2%
|
56
+1%
|
57
+3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(4)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(5)
|
(3)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(7)
|
(7)
|
(3)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(8)
|
(8)
|
(8)
|
|
| Pre-Tax Income |
5
N/A
|
7
+43%
|
8
+17%
|
8
+9%
|
11
+32%
|
12
+6%
|
13
+6%
|
13
+2%
|
14
+7%
|
14
+3%
|
15
+4%
|
17
+14%
|
17
-1%
|
18
+6%
|
18
+4%
|
18
-3%
|
19
+9%
|
20
+3%
|
21
+5%
|
21
+0%
|
22
+4%
|
22
+2%
|
22
+1%
|
22
0%
|
24
+8%
|
25
+3%
|
25
+2%
|
26
+3%
|
28
+8%
|
27
-2%
|
28
+1%
|
30
+6%
|
30
+2%
|
31
+3%
|
32
+2%
|
32
+1%
|
31
-3%
|
30
-2%
|
30
-3%
|
28
-5%
|
24
-14%
|
25
+2%
|
24
-2%
|
26
+7%
|
25
-4%
|
25
+0%
|
26
+5%
|
25
-3%
|
29
+14%
|
30
+4%
|
31
+3%
|
30
-2%
|
28
-6%
|
29
+1%
|
27
-7%
|
25
-5%
|
23
-10%
|
21
-7%
|
22
+4%
|
21
-5%
|
20
-3%
|
22
+8%
|
24
+12%
|
32
+32%
|
42
+32%
|
48
+13%
|
55
+15%
|
63
+13%
|
67
+6%
|
70
+6%
|
72
+2%
|
69
-4%
|
62
-9%
|
55
-11%
|
49
-11%
|
47
-3%
|
47
-2%
|
48
+2%
|
49
+3%
|
47
-4%
|
48
+1%
|
49
+2%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(6)
|
(6)
|
(6)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(11)
|
(13)
|
(14)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(17)
|
(15)
|
(14)
|
(12)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(13)
|
(12)
|
|
| Income from Continuing Operations |
4
|
6
|
7
|
7
|
8
|
9
|
9
|
10
|
11
|
11
|
12
|
13
|
13
|
14
|
15
|
14
|
15
|
16
|
17
|
17
|
17
|
18
|
18
|
18
|
20
|
20
|
20
|
21
|
22
|
22
|
23
|
24
|
25
|
25
|
25
|
26
|
26
|
25
|
25
|
23
|
20
|
21
|
20
|
20
|
19
|
18
|
19
|
19
|
21
|
22
|
22
|
22
|
20
|
20
|
19
|
18
|
15
|
13
|
14
|
13
|
13
|
14
|
17
|
21
|
29
|
34
|
39
|
46
|
50
|
52
|
53
|
52
|
47
|
42
|
37
|
36
|
34
|
34
|
35
|
33
|
35
|
37
|
|
| Income to Minority Interest |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
1
|
1
|
0
|
1
|
1
|
1
|
2
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
|
| Net Income (Common) |
4
N/A
|
6
+56%
|
7
+21%
|
7
+3%
|
8
+11%
|
8
+5%
|
8
+2%
|
9
+7%
|
10
+8%
|
10
+5%
|
11
+6%
|
12
+9%
|
12
+3%
|
13
+4%
|
13
+5%
|
13
-3%
|
14
+5%
|
14
+3%
|
15
+6%
|
16
+6%
|
16
+4%
|
17
+4%
|
18
+6%
|
19
+3%
|
20
+6%
|
20
+3%
|
19
-4%
|
20
+1%
|
21
+7%
|
21
0%
|
22
+3%
|
22
+1%
|
23
+4%
|
23
+2%
|
24
+2%
|
24
+2%
|
24
+0%
|
23
-3%
|
23
-3%
|
22
-3%
|
20
-8%
|
21
+5%
|
20
-4%
|
21
+2%
|
20
-4%
|
19
-2%
|
21
+6%
|
21
+1%
|
21
+1%
|
22
+4%
|
23
+4%
|
21
-5%
|
20
-8%
|
20
0%
|
18
-10%
|
17
-5%
|
14
-19%
|
13
-7%
|
13
+2%
|
12
-6%
|
12
+0%
|
13
+8%
|
16
+19%
|
20
+26%
|
27
+38%
|
32
+17%
|
36
+13%
|
42
+16%
|
46
+10%
|
47
+4%
|
48
+1%
|
47
-2%
|
42
-10%
|
37
-12%
|
34
-9%
|
32
-5%
|
31
-3%
|
31
+0%
|
32
+3%
|
30
-6%
|
31
+5%
|
33
+5%
|
|
| EPS (Diluted) |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.02
+100%
|
0.03
+50%
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.02
-50%
|
0.03
+50%
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.05
+67%
|
0.06
+20%
|
0.07
+17%
|
0.08
+14%
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.06
-25%
|
0.05
-17%
|
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.05
-17%
|
0.06
+20%
|
0.06
N/A
|
|