Balangoda Plantations Income Statement

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

Millions LKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	4,520	4,842	4,130	6,071	4,003	3,573
Revenue Growth (YoY)	-0.30%	17.24%	-31.97%	51.66%	12.02%	37.09%
Cost of Revenue	4,088	3,972	3,761	4,470	3,934	3,416
Gross Profit	432.54	870.02	369.06	1,601	68.66	156.6
Selling, General & Admin	258.08	192.7	157.83	123.08	86.07	97.59
Other Operating Expenses	-216.42	-111.09	-114.09	-90.93	-41.24	-78.12
Operating Expenses	41.65	81.61	43.73	32.15	44.83	19.47
Operating Income	390.88	788.41	325.33	1,569	23.83	137.13
Interest Expense	-97.41	-158.06	-328.23	-812.9	-322.25	-371.13
Interest & Investment Income	2.58	1.94	5.19	4.7	0.26	0.37
EBT Excluding Unusual Items	296.05	632.3	2.29	760.6	-298.17	-233.63
Gain (Loss) on Sale of Assets	3.3	3.3	6.35	10.05	7.19	12.98
Asset Writedown	406.05	321.6	346.21	225.98	232.2	364.26
Pretax Income	705.4	957.2	354.85	996.62	-58.78	143.6
Income Tax Expense	189.68	215.98	285.78	439.69	-57.06	27.2
Net Income	515.71	741.22	69.07	556.93	-1.72	116.4
Net Income to Common	515.71	741.22	69.07	556.93	-1.72	116.4
Net Income Growth	-11.15%	973.15%	-87.60%	-	-	-
Shares Outstanding (Basic)	47	47	47	24	24	24
Shares Outstanding (Diluted)	47	47	47	24	24	24
Shares Change (YoY)	1.31%	1.39%	97.26%	-	-	-
EPS (Basic)	10.91	15.68	1.48	23.56	-0.07	4.92
EPS (Diluted)	10.91	15.68	1.48	23.56	-0.07	4.92
EPS Growth	-12.30%	958.45%	-93.71%	-	-	-
Free Cash Flow	507.54	996.68	371.69	1,324	138.82	12.07
Free Cash Flow Per Share	10.74	21.08	7.97	56.01	5.87	0.51
Dividend Per Share	1.000	1.000	-	2.000	-	-
Gross Margin	9.57%	17.97%	8.94%	26.37%	1.71%	4.38%
Operating Margin	8.65%	16.28%	7.88%	25.84%	0.60%	3.84%
Profit Margin	11.41%	15.31%	1.67%	9.17%	-0.04%	3.26%
Free Cash Flow Margin	11.23%	20.59%	9.00%	21.81%	3.47%	0.34%
EBITDA	603.32	991.6	533.89	1,780	239.3	310.35
EBITDA Margin	13.35%	20.48%	12.93%	29.32%	5.98%	8.69%
D&A For EBITDA	212.44	203.19	208.56	211.34	215.47	173.22
EBIT	390.88	788.41	325.33	1,569	23.83	137.13
EBIT Margin	8.65%	16.28%	7.88%	25.84%	0.60%	3.84%
Effective Tax Rate	26.89%	22.56%	80.54%	44.12%	-	18.94%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.