Income Statement Widad Group

Stocks

0162

MYQ0162OO006

Construction & Engineering

Market Closed - BURSA MALAYSIA 04:50:01 2026-09-25 EDT			5-day change	1st Jan Change
0.0150 ^MYR	0.00%		+50.00%	-

09-01	Widad Group Berhad Announces Resignation of Abdullah Bin Sepien as Chairman of Risk Committee, Date of Change Is 01 September 2026	CI
09-01	Widad Group Berhad Announces Resignation of Dato' Boey Chin Gan from Independent and Non Executive Director, Effective September 1, 2026	CI

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Published financial data: WIDAD GROUP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Revenues	87.78M	160M	231M	135M	131M
Total Revenues	87.78M	160M	231M	135M	131M
Cost of Goods Sold, Total	85.75M	133M	214M	119M	120M
Gross Profit	2.03M	27.5M	16.45M	16.87M	10.76M
Selling General & Admin Expenses, Total	29.19M	29.23M	32.62M	29.78M	23.34M
Provision for Bad Debts	15.97M	-	708K	5.26M	95.9M
Other Operating Expenses	-241K	-184K	-442K	3.35M	-3.12M
Other Operating Expenses, Total	44.92M	29.05M	32.89M	38.39M	116M
Operating Income	-42.89M	-1.55M	-16.44M	-21.52M	-105M
Interest Expense, Total	-19.79M	-18.35M	-25.76M	-24.43M	-19.52M
Interest And Investment Income	15.7M	19.23M	28.25M	27.79M	25.58M
Net Interest Expenses	-4.09M	884K	2.49M	3.36M	6.06M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-	-960K	-98K	-510K	-95.61M
EBT, Excl. Unusual Items	-46.98M	-1.63M	-14.05M	-18.67M	-195M
Merger & Related Restructuring Charges	-	-	-	-	-
Other Unusual Items	115M	-	-	-	-
EBT, Incl. Unusual Items	68.05M	-1.63M	-14.05M	-18.67M	-195M
Income Tax Expense	-2.74M	4.5M	2.58M	5.67M	30.02M
Earnings From Continuing Operations	70.79M	-6.13M	-16.63M	-24.34M	-225M
Net Income to Company	70.79M	-6.13M	-16.63M	-24.34M	-225M
Minority Interest	-	-	6.79K	4.85K	81.42K
Net Income - (IS)	70.79M	-6.13M	-16.63M	-24.34M	-225M
Net Income to Common Incl Extra Items	70.79M	-6.13M	-16.63M	-24.34M	-225M
Net Income to Common Excl. Extra Items	70.79M	-6.13M	-16.63M	-24.34M	-225M
Per Share Items
Net EPS - Basic	0.03	-0	-0.01	-0.01	-0.07
Basic EPS - Continuing Operations	0.03	-0	-0.01	-0.01	-0.07
Basic Weighted Average Shares Outstanding	2.67B	2.67B	2.82B	3.1B	3.12B
Net EPS - Diluted	0.02	-0	-0.01	-0.01	-0.07
Diluted EPS - Continuing Operations	0.02	-0	-0.01	-0.01	-0.07
Diluted Weighted Average Shares Outstanding	3.05B	2.67B	2.82B	3.1B	3.12B
Normalized Basic EPS	-0.01	-0	-0	-0	-0.04
Normalized Diluted EPS	-0.01	-0	-0	-0	-0.04
Supplemental Items
EBITDA	-40.37M	849K	-14.01M	-19.06M	-103M
EBITA	-42.89M	-1.55M	-16.44M	-21.52M	-105M
EBIT	-42.89M	-1.55M	-16.44M	-21.52M	-105M
EBITDAR	-40.29M	1.09M	-13.82M	-18.82M	-103M
Effective Tax Rate - (Ratio)	-4.03	-276.32	-18.38	-30.39	-15.4
Current Domestic Taxes	8.06M	10.72M	4.4M	8.77M	2.52M
Total Current Taxes	8.06M	10.72M	4.4M	8.77M	2.52M
Deferred Domestic Taxes	-10.8M	-6.22M	-1.81M	-3.1M	27.5M
Total Deferred Taxes	-10.8M	-6.22M	-1.81M	-3.1M	27.5M
Normalized Net Income	-29.37M	-1.02M	-8.77M	-11.66M	-122M
Interest on Long-Term Debt	25.86K	49.82K	15.57M	14.37M	13.06M
Supplemental Operating Expense Items
General and Administrative Expenses	29.19M	29.23M	32.62M	29.78M	23.34M
Net Rental Expense, Total	83.24K	246K	187K	239K	256K
Imputed Operating Lease Interest Expense	48.34K	94.73K	89.62K	105K	105K
Imputed Operating Lease Depreciation	34.9K	151K	97.79K	134K	151K

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Assets
Cash And Equivalents	134M	194M	156M	132M	115M
Short Term Investments	3.25M	537K	1.72M	2.09M	1.27M
Total Cash And Short Term Investments	137M	194M	158M	134M	116M
Accounts Receivable, Total	211M	254M	396M	412M	242M
Other Receivables	7.35M	500K	1.33M	1.09M	2.97M
Total Receivables	218M	254M	397M	413M	245M
Prepaid Expenses	-	417K	569K	232K	147K
Other Current Assets, Total	5.41M	16.63M	-	38.8M	-
Total Current Assets	361M	466M	556M	586M	361M
Gross Property Plant And Equipment	74.55M	74.34M	73.79M	28.12M	14.58M
Accumulated Depreciation	-12.57M	-14.97M	-17.8M	-18.09M	-8.42M
Net Property Plant And Equipment	61.98M	59.37M	55.99M	10.04M	6.15M
Long-term Investments	22.55M	-	-	-	-
Goodwill	-	-	8.74M	8.74M	8.74M
Accounts Receivable Long-Term	412M	382M	446M	411M	374M
Deferred Tax Assets Long-Term	8.72M	9.71M	8.8M	8.86M	126K
Other Long-Term Assets, Total	-	9.48M	12.37M	13.76M	1.86M
Total Assets	866M	926M	1.09B	1.04B	752M
Liabilities
Accounts Payable, Total	17.65M	42.18M	47.26M	54.94M	61.35M
Accrued Expenses, Total	10.57M	7.29M	9.33M	12.84M	14.92M
Short-term Borrowings	32.92M	46.56M	43.39M	31.96M	2.81M
Current Portion of Long-Term Debt	205M	38.04M	33.19M	62.05M	32.57M
Current Portion of Leases	392K	456K	353K	191K	195K
Current Income Taxes Payable	19.91M	14.49M	11.94M	10.11M	4.68M
Unearned Revenue Current, Total	20.08M	22.62M	31.62M	41.06M	39.56M
Other Current Liabilities	2.05M	2.78M	2.55M	2.97M	5.05M
Total Current Liabilities	308M	174M	180M	216M	161M
Long-Term Debt	127M	312M	387M	329M	302M
Long-Term Leases	591K	516K	370K	510K	302K
Deferred Tax Liability Non Current	72.38M	67.15M	64.42M	61.39M	80.15M
Total Liabilities	508M	554M	631M	607M	544M
Common Stock, Total	182M	203M	304M	304M	305M
Retained Earnings	175M	169M	153M	128M	-96.47M
Comprehensive Income and Other	413K	-	-	-	-
Total Common Equity	358M	372M	456M	432M	208M
Minority Interest	-	3	-2.79K	-7.64K	-89.06K
Total Equity	358M	372M	456M	432M	208M
Total Liabilities And Equity	866M	926M	1.09B	1.04B	752M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.75B	2.84B	3.1B	3.12B	3.12B
ECS Total Common Shares Outstanding	2.75B	2.81B	3.1B	3.1B	3.12B
Book Value / Share	0.13	0.13	0.15	0.14	0.07
Tangible Book Value	358M	372M	448M	423M	199M
Tangible Book Value Per Share	0.13	0.13	0.14	0.14	0.06
Total Debt	365M	398M	464M	423M	338M
Net Debt	228M	203M	306M	290M	222M
Debt Equivalent Oper. Leases	666K	1.97M	1.5M	1.91M	2.05M
Minority Interest, Total (Incl. Fin. Div)	-	3	-2.79K	-7.64K	-89.06K
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	5.59M	5.59M	5.59M	5.59M	5.59M
Machinery, Total	5.71M	6.18M	6.77M	7.66M	7.19M
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	708K	5.26M	98.18M
Order Backlog	1.57B	1.63B	69.25M	634M	416M

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Net Income	70.79M	-6.13M	-16.63M	-24.34M	-225M
Depreciation & Amortization - CF	3.68M	3.71M	3.76M	3.65M	2.11M
Depreciation & Amortization, Total	3.68M	3.71M	3.76M	3.65M	2.11M
(Gain) Loss From Sale Of Asset	-	-50K	-	3.94M	-2.61M
(Gain) Loss on Sale of Investments - (CF)	-	960K	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	2.89M
Provision and Write-off of Bad Debts	15.97M	-	806K	5.77M	191M
Other Operating Activities, Total	-131M	-13.18M	-7.97M	-7.19M	17.73M
Change In Accounts Receivable	11.43M	20.84M	-53.48M	-36.47M	-7.8M
Change In Accounts Payable	-7.77M	21.97M	-16.87M	11.6M	10.56M
Change in Other Net Operating Assets	48.62M	-8.73M	-325K	84.95M	46.54M
Cash from Operations	11.95M	19.39M	-90.71M	41.92M	35.11M
Capital Expenditure	-3.84M	-598K	-212K	-47.46K	-1.12M
Sale of Property, Plant, and Equipment	-	-	-	30K	41.41M
Cash Acquisitions	-85.58M	-15.93M	-9.63M	-	-
Other Investing Activities, Total	-7.49M	-56.57M	-21.01M	-534K	30.51M
Cash from Investing	-96.92M	-73.1M	-30.86M	-551K	70.8M
Short Term Debt Issued, Total	-	-	114K	-	75K
Long-Term Debt Issued, Total	186M	350M	159M	-	-
Total Debt Issued	186M	350M	160M	-	75K
Short Term Debt Repaid, Total	-12.12K	-	-	-114K	-
Long-Term Debt Repaid, Total	-152M	-325M	-170M	-34.85M	-81.04M
Total Debt Repaid	-152M	-325M	-170M	-34.97M	-81.04M
Issuance of Common Stock	96.06M	21.61M	101M	-	-
Other Financing Activities, Total	-20.75M	-13.32M	-23.57M	-23.27M	-19.09M
Cash from Financing	109M	34.04M	66.71M	-58.24M	-100M
Foreign Exchange Rate Adjustments	-	-	-	-	-
Net Change in Cash	24.17M	-19.67M	-54.86M	-16.87M	5.86M
Supplemental Items
Cash Interest Paid	19.33M	13.12M	24.34M	23.57M	20.12M
Cash Income Tax Paid (Refund)	13.83M	16.14M	8.01M	10.98M	9.23M
Levered Free Cash Flow	-15.23M	-47.29M	-153M	-60.46M	134M
Unlevered Free Cash Flow	-2.86M	-35.82M	-137M	-45.19M	146M
Change In Net Working Capital	-24.11M	37.96M	130M	35.35M	-211M
Net Debt Issued / Repaid	33.83M	25.75M	-10.68M	-34.97M	-80.97M

Fiscal Period: December	2021 (MYR)	2022 (MYR)	2023 (MYR)	2024 (MYR)	2025 (MYR)
Profitability
Return on Assets	-4.2	-0.11	-1.02	-1.26	-7.36
Return on Total Capital	-4.95	-0.13	-1.22	-1.51	-9.4
Return On Equity %	26.29	-1.68	-4.02	-5.48	-70.29
Return on Common Equity	26.29	-1.68	-4.01	-5.48	-70.25
Margin Analysis
Gross Profit Margin %	2.31	17.14	7.13	12.45	8.25
SG&A Margin	33.26	18.22	14.14	21.98	17.88
EBITDA Margin %	-45.99	0.53	-6.07	-14.07	-79.27
EBITA Margin %	-48.86	-0.97	-7.13	-15.88	-80.73
EBIT Margin %	-48.86	-0.97	-7.13	-15.88	-80.73
Income From Continuing Operations Margin %	80.64	-3.82	-7.21	-17.97	-172.34
Net Income Margin %	80.64	-3.82	-7.21	-17.97	-172.28
Net Avail. For Common Margin %	80.64	-3.82	-7.21	-17.97	-172.28
Normalized Net Income Margin	-33.45	-0.63	-3.8	-8.61	-93.28
Levered Free Cash Flow Margin	-17.35	-29.47	-66.23	-44.63	102.69
Unlevered Free Cash Flow Margin	-3.26	-22.33	-59.25	-33.36	112.03
Asset Turnover
Asset Turnover	0.14	0.18	0.23	0.13	0.15
Fixed Assets Turnover	1.43	2.64	4	4.1	16.12
Receivables Turnover (Average Receivables)	0.43	0.69	0.71	0.34	0.4
Short Term Liquidity
Current Ratio	1.17	2.67	3.09	2.71	2.24
Quick Ratio	1.15	2.57	3.09	2.53	2.24
Operating Cash Flow to Current Liabilities	0.04	0.11	-0.5	0.19	0.22
Days Sales Outstanding (Average Receivables)	853.39	528.12	514.16	1.09K	914.77
Average Days Payable Outstanding	89.6	82.14	76.22	157.7	177.22
Long Term Solvency
Total Debt/Equity	102	106.92	101.69	97.99	162.54
Total Debt / Total Capital	50.5	51.67	50.42	49.49	61.91
LT Debt/Equity	35.52	84.06	84.83	76.19	145.44
Long-Term Debt / Total Capital	17.58	40.62	42.06	38.48	55.4
Total Liabilities / Total Assets	58.65	59.84	58.04	58.41	72.33
EBIT / Interest Expense	-2.17	-0.08	-0.64	-0.88	-5.4
EBITDA / Interest Expense	-1.98	0.12	-0.49	-0.73	-5.29
(EBITDA - Capex) / Interest Expense	-2.18	0.08	-0.5	-0.73	-5.35
Total Debt / EBITDA	-9.31	184.63	-36.6	-23.69	-3.28
Net Debt / EBITDA	-5.81	94.41	-24.16	-16.2	-2.15
Total Debt / (EBITDA - Capex)	-8.48	255.6	-35.99	-23.63	-3.24
Net Debt / (EBITDA - Capex)	-5.29	130.71	-23.77	-16.16	-2.13
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	2.25	82.78	43.73	-41.25	-3.66
Gross Profit, 1 Yr. Growth %	-93.85	1.25K	-40.19	2.57	-36.21
EBITDA, 1 Yr. Growth %	-386.73	-102.12	-1.75K	36.06	463.94
EBITA, 1 Yr. Growth %	-451.93	-96.36	958.78	30.9	406.3
EBIT, 1 Yr. Growth %	-451.93	-96.36	958.78	30.9	406.3
Earnings From Cont. Operations, 1 Yr. Growth %	1.66K	-108.66	171.45	46.37	823.94
Net Income, 1 Yr. Growth %	1.66K	-108.66	171.34	46.4	823.79
Normalized Net Income, 1 Yr. Growth %	-1.05K	-96.53	762.24	32.93	943.71
Diluted EPS Before Extra, 1 Yr. Growth %	1.56K	-109.89	157.19	40.11	816.98
Accounts Receivable, 1 Yr. Growth %	5.34	20.49	56.07	4.12	-41.33
Net Property, Plant and Equip., 1 Yr. Growth %	1.58	-4.2	-5.71	-82.07	-38.68
Total Assets, 1 Yr. Growth %	110.81	7.02	17.39	-4.5	-27.61
Tangible Book Value, 1 Yr. Growth %	98.08	3.96	20.3	-5.44	-52.89
Common Equity, 1 Yr. Growth %	98.08	3.96	22.65	-5.33	-51.82
Cash From Operations, 1 Yr. Growth %	-182.74	62.6	-567.74	-146.23	-16.25
Capital Expenditures, 1 Yr. Growth %	63.45	-84.43	-64.57	-77.62	2.26K
Levered Free Cash Flow, 1 Yr. Growth %	-67.48	674.28	398.11	-60.42	-326.16
Unlevered Free Cash Flow, 1 Yr. Growth %	-92.92	-656.92	611.76	-66.93	-426.77
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-31.48	36.71	62.08	-8.11	-24.77
Gross Profit, 2 Yr. CAGR %	-82.17	-8.73	184.59	-21.68	-19.11
EBITDA, 2 Yr. CAGR %	0.33	-75.45	-40.9	373.83	171.8
EBITA, 2 Yr. CAGR %	5.77	-64.31	-37.9	272.28	153.16
EBIT, 2 Yr. CAGR %	5.77	-64.31	-37.9	272.28	153.16
Earnings From Cont. Operations, 2 Yr. CAGR %	142.88	23.59	-51.53	99.33	267.75
Net Income, 2 Yr. CAGR %	142.88	23.59	-51.54	99.31	267.75
Normalized Net Income, 2 Yr. CAGR %	24.05	-42.5	-45.34	238.56	272.48
Diluted EPS Before Extra, 2 Yr. CAGR %	137.87	28.01	-49.57	85.1	258.44
Accounts Receivable, 2 Yr. CAGR %	1.56	12.66	37.13	27.48	-21.84
Net Property, Plant and Equip., 2 Yr. CAGR %	0.26	-1.35	-4.96	-58.89	-66.85
Total Assets, 2 Yr. CAGR %	49.09	50.2	12.09	5.88	-16.85
Tangible Book Value, 2 Yr. CAGR %	46.86	43.5	11.83	6.66	-33.26
Common Equity, 2 Yr. CAGR %	46.86	43.5	12.92	7.75	-32.47
Cash From Operations, 2 Yr. CAGR %	-33.16	15.87	175.78	47.02	-37.78
Capital Expenditures, 2 Yr. CAGR %	129.98	-49.56	-76.51	-71.84	129.76
Levered Free Cash Flow, 2 Yr. CAGR %	-61.01	0.49	400.08	40.42	-6.33
Unlevered Free Cash Flow, 2 Yr. CAGR %	-83.59	-5.79	360.89	53.43	3.45
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-32.78	-4.98	39.01	15.56	-6.65
Gross Profit, 3 Yr. CAGR %	-69.93	-24.49	-20.72	102.53	-26.85
EBITDA, 3 Yr. CAGR %	0.49	-72.34	-0.18	-21.97	395.84
EBITA, 3 Yr. CAGR %	4.92	-65.66	10.49	-20.37	307.88
EBIT, 3 Yr. CAGR %	4.92	-65.66	10.49	-20.37	307.88
Earnings From Cont. Operations, 3 Yr. CAGR %	54.34	-20.07	60.65	-29.94	232.35
Net Income, 3 Yr. CAGR %	54.34	-20.07	60.63	-29.94	232.31
Normalized Net Income, 3 Yr. CAGR %	18.67	-62.36	41.79	-26.49	392.73
Diluted EPS Before Extra, 3 Yr. CAGR %	36.33	-17.6	61.53	-30.29	215.55
Accounts Receivable, 3 Yr. CAGR %	1.38	7.52	25.59	25.1	-1.58
Net Property, Plant and Equip., 3 Yr. CAGR %	-1.1	-1.25	-2.83	-45.49	-53.03
Total Assets, 3 Yr. CAGR %	31.86	33.49	38.36	6.26	-6.72
Tangible Book Value, 3 Yr. CAGR %	32.48	30.89	35.31	5.75	-18.78
Common Equity, 3 Yr. CAGR %	32.48	30.89	36.18	6.47	-17.61
Cash From Operations, 3 Yr. CAGR %	-36.32	-10.17	84.49	52.04	21.88
Capital Expenditures, 3 Yr. CAGR %	-31.32	-6.27	-55.16	-76.89	23.21
Levered Free Cash Flow, 3 Yr. CAGR %	17.45	-22.13	48.3	114.72	63.5
Unlevered Free Cash Flow, 3 Yr. CAGR %	4.53	-30.4	50.15	91.52	96.76
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-7.52	-4.41	-6.24	8.74
Gross Profit, 5 Yr. CAGR %	-	-18.57	-26.11	-23.38	-20.08
EBITDA, 5 Yr. CAGR %	-	-56.1	-18.84	-13.83	49.02
EBITA, 5 Yr. CAGR %	-	-50.02	-15.04	-10.91	53.94
EBIT, 5 Yr. CAGR %	-	-50.02	-15.04	-10.91	53.94
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-27.49	-2.89	15.2	123.74
Net Income, 5 Yr. CAGR %	-	-27.49	-2.89	15.19	123.73
Normalized Net Income, 5 Yr. CAGR %	-	-47.75	-12.97	-9.38	108.65
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-33.12	-8.41	13.9	119.95
Accounts Receivable, 5 Yr. CAGR %	-	16.33	14.4	15.1	3.89
Net Property, Plant and Equip., 5 Yr. CAGR %	-	1.72	-2.66	-30.45	-36.8
Total Assets, 5 Yr. CAGR %	-	22.53	23.56	21.68	12.86
Tangible Book Value, 5 Yr. CAGR %	-	34.86	23.8	20.6	1.99
Common Equity, 5 Yr. CAGR %	-	34.86	24.28	21.09	2.87
Cash From Operations, 5 Yr. CAGR %	-	-10.56	14.41	9.4	19.44
Capital Expenditures, 5 Yr. CAGR %	-	37.62	-55.29	-42.06	-13.8
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	74.65	-9.6	23.4
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	122.54	-15.71	29.36