QES Group Bhd
KLSE:QES
Income Statement
Earnings Waterfall
QES Group Bhd
Revenue
|
240.7m
MYR
|
Cost of Revenue
|
-179.8m
MYR
|
Gross Profit
|
60.9m
MYR
|
Operating Expenses
|
-33.4m
MYR
|
Operating Income
|
27.5m
MYR
|
Other Expenses
|
-9m
MYR
|
Net Income
|
18.5m
MYR
|
Income Statement
QES Group Bhd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||
Revenue |
135
N/A
|
185
+37%
|
193
+4%
|
195
+1%
|
189
-3%
|
179
-5%
|
161
-10%
|
161
0%
|
160
-1%
|
156
-2%
|
155
-1%
|
168
+8%
|
183
+9%
|
199
+9%
|
223
+12%
|
237
+6%
|
235
0%
|
256
+9%
|
264
+3%
|
255
-3%
|
269
+5%
|
251
-7%
|
241
-4%
|
|
Gross Profit | ||||||||||||||||||||||||
Cost of Revenue |
(119)
|
(159)
|
(151)
|
(152)
|
(151)
|
(143)
|
(129)
|
(128)
|
(127)
|
(123)
|
(119)
|
(127)
|
(138)
|
(149)
|
(171)
|
(183)
|
(181)
|
(191)
|
(194)
|
(187)
|
(196)
|
(184)
|
(180)
|
|
Gross Profit |
16
N/A
|
27
+64%
|
43
+60%
|
43
+1%
|
38
-11%
|
36
-5%
|
32
-11%
|
33
+2%
|
33
N/A
|
33
-1%
|
36
+11%
|
41
+14%
|
46
+11%
|
50
+9%
|
52
+4%
|
54
+5%
|
54
+1%
|
64
+18%
|
71
+10%
|
69
-3%
|
74
+7%
|
67
-9%
|
61
-9%
|
|
Operating Income | ||||||||||||||||||||||||
Operating Expenses |
(1)
|
(6)
|
(23)
|
(23)
|
(27)
|
(27)
|
(26)
|
(26)
|
(21)
|
(22)
|
(24)
|
(23)
|
(26)
|
(27)
|
(25)
|
(27)
|
(26)
|
(28)
|
(34)
|
(35)
|
(36)
|
(38)
|
(33)
|
|
Selling, General & Administrative |
(2)
|
(7)
|
(23)
|
(23)
|
(24)
|
(24)
|
(23)
|
(23)
|
(21)
|
(21)
|
(22)
|
(23)
|
(24)
|
(25)
|
(23)
|
(24)
|
(25)
|
(27)
|
(32)
|
(32)
|
(34)
|
(34)
|
(31)
|
|
Other Operating Expenses |
1
|
1
|
(0)
|
(0)
|
(3)
|
(4)
|
(3)
|
(3)
|
(0)
|
(1)
|
(2)
|
(0)
|
(2)
|
(2)
|
(2)
|
(3)
|
(1)
|
(1)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
|
Operating Income |
15
N/A
|
20
+37%
|
19
-4%
|
20
+1%
|
12
-40%
|
9
-22%
|
7
-29%
|
7
+6%
|
12
+65%
|
11
-3%
|
12
+12%
|
18
+46%
|
20
+11%
|
23
+15%
|
26
+13%
|
27
+3%
|
28
+4%
|
36
+29%
|
36
+1%
|
34
-8%
|
37
+11%
|
29
-22%
|
27
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Pre-Tax Income |
14
N/A
|
19
+38%
|
19
-4%
|
19
+1%
|
11
-41%
|
8
-25%
|
6
-33%
|
6
+8%
|
11
+75%
|
10
-3%
|
12
+14%
|
17
+48%
|
19
+11%
|
22
+15%
|
25
+14%
|
26
+2%
|
27
+3%
|
34
+29%
|
34
0%
|
31
-9%
|
35
+11%
|
27
-22%
|
26
-6%
|
|
Net Income | ||||||||||||||||||||||||
Tax Provision |
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(7)
|
(6)
|
(7)
|
(5)
|
(6)
|
|
Income from Continuing Operations |
10
|
15
|
15
|
15
|
8
|
5
|
3
|
4
|
8
|
8
|
9
|
14
|
15
|
17
|
20
|
19
|
20
|
26
|
28
|
26
|
28
|
23
|
19
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
|
Net Income (Common) |
10
N/A
|
14
+41%
|
14
+2%
|
14
+2%
|
8
-46%
|
5
-35%
|
3
-35%
|
4
+20%
|
8
+104%
|
8
+3%
|
9
+4%
|
13
+51%
|
14
+10%
|
17
+15%
|
19
+15%
|
19
-1%
|
20
+5%
|
25
+29%
|
26
+4%
|
24
-7%
|
27
+9%
|
21
-20%
|
18
-14%
|
|
EPS (Diluted) |
0.02
N/A
|
0.03
+50%
|
0.02
-33%
|
0.02
N/A
|
0.01
-50%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.02
+100%
|
0.02
N/A
|
0.03
+50%
|
0.04
+33%
|
0.03
-25%
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.02
-50%
|