Balangoda Plantations Income Statement

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

Millions LKR. 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	4,280	4,842	4,130	6,071	4,003
Revenue Growth (YoY)	-11.61%	17.24%	-31.97%	51.66%	12.02%
Cost of Revenue	3,855	3,972	3,761	4,470	3,934
Gross Profit	424.96	870.02	369.06	1,601	68.66
Selling, General & Admin	245.42	192.7	157.83	123.08	86.07
Other Operating Expenses	-178	-111.09	-114.09	-90.93	-41.24
Operating Expenses	67.42	81.61	43.73	32.15	44.83
Operating Income	357.54	788.41	325.33	1,569	23.83
Interest Expense	-88.58	-158.06	-328.23	-812.9	-322.25
Interest & Investment Income	2.12	1.94	5.19	4.7	0.26
EBT Excluding Unusual Items	271.09	632.3	2.29	760.6	-298.17
Gain (Loss) on Sale of Assets	-	3.3	6.35	10.05	7.19
Asset Writedown	467.79	321.6	346.21	225.98	232.2
Pretax Income	738.89	957.2	354.85	996.62	-58.78
Income Tax Expense	118.28	215.98	285.78	439.69	-57.06
Net Income	620.61	741.22	69.07	556.93	-1.72
Net Income to Common	620.61	741.22	69.07	556.93	-1.72
Net Income Growth	-16.27%	973.15%	-87.60%	-	-
Shares Outstanding (Basic)	47	47	47	24	24
Shares Outstanding (Diluted)	47	47	47	24	24
Shares Change (YoY)	-0.01%	1.39%	97.26%	-	-
EPS (Basic)	13.13	15.68	1.48	23.56	-0.07
EPS (Diluted)	13.13	15.68	1.48	23.56	-0.07
EPS Growth	-16.26%	958.45%	-93.71%	-	-
Free Cash Flow	320.55	996.68	371.69	1,324	138.82
Free Cash Flow Per Share	6.78	21.08	7.97	56.01	5.87
Dividend Per Share	-	1.000	-	2.000	-
Gross Margin	9.93%	17.97%	8.94%	26.37%	1.71%
Operating Margin	8.36%	16.28%	7.88%	25.84%	0.60%
Profit Margin	14.50%	15.31%	1.67%	9.17%	-0.04%
Free Cash Flow Margin	7.49%	20.59%	9.00%	21.81%	3.47%
EBITDA	579.1	991.6	533.89	1,780	239.3
EBITDA Margin	13.53%	20.48%	12.93%	29.32%	5.98%
D&A For EBITDA	221.55	203.19	208.56	211.34	215.47
EBIT	357.54	788.41	325.33	1,569	23.83
EBIT Margin	8.36%	16.28%	7.88%	25.84%	0.60%
Effective Tax Rate	16.01%	22.56%	80.54%	44.12%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.