Ceylon Tobacco Company 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	64,326	62,529	57,721	44,272	33,615	32,073
Revenue Growth (YoY)	1.66%	8.33%	30.38%	31.70%	4.81%	-9.71%
Cost of Revenue	4,146	4,618	3,971	3,808	2,895	2,384
Gross Profit	60,180	57,911	53,750	40,464	30,720	29,688
Selling, General & Admin	2,984	2,787	2,495	1,824	1,417	1,287
Amortization of Goodwill & Intangibles	-	-	-	0.67	1.15	1.15
Other Operating Expenses	6,121	6,710	6,102	4,882	2,738	3,370
Operating Expenses	9,667	10,162	9,084	7,072	4,488	4,997
Operating Income	50,513	47,749	44,666	33,392	26,232	24,692
Interest Expense	-18.81	-18.81	-31.54	-19.23	-20.11	-24.27
Interest & Investment Income	1,089	1,288	1,576	1,221	538.72	787.26
Currency Exchange Gain (Loss)	30.76	30.76	43.73	-5.49	-	-
EBT Excluding Unusual Items	51,614	49,049	46,254	34,589	26,750	25,455
Merger & Restructuring Charges	-72.03	-72.03	-114.19	-195.95	-102.03	-78.5
Gain (Loss) on Sale of Assets	-	-	-	-	-	57.87
Asset Writedown	-	-	-	-	-2.11	-0.32
Pretax Income	51,542	48,977	46,140	34,393	26,646	25,434
Income Tax Expense	22,803	19,334	18,484	13,924	10,500	9,855
Net Income	28,739	29,643	27,656	20,469	16,146	15,578
Net Income to Common	28,739	29,643	27,656	20,469	16,146	15,578
Net Income Growth	-5.38%	7.19%	35.11%	26.77%	3.65%	-9.74%
Shares Outstanding (Basic)	187	187	187	187	187	187
Shares Outstanding (Diluted)	187	187	187	187	187	187
EPS (Basic)	153.42	158.24	147.64	109.27	86.20	83.16
EPS (Diluted)	153.42	158.24	147.64	109.27	86.20	83.16
EPS Growth	-5.38%	7.18%	35.11%	26.77%	3.65%	-9.74%
Free Cash Flow	29,970	30,169	36,570	20,873	7,179	8,992
Free Cash Flow Per Share	160.00	161.05	195.22	111.43	38.32	48.00
Dividend Per Share	156.340	158.240	147.640	109.300	53.000	82.850
Dividend Growth	-3.34%	7.18%	35.08%	106.23%	-36.03%	-10.07%
Gross Margin	93.55%	92.61%	93.12%	91.40%	91.39%	92.57%
Operating Margin	78.53%	76.36%	77.38%	75.42%	78.03%	76.99%
Profit Margin	44.68%	47.41%	47.91%	46.23%	48.03%	48.57%
Free Cash Flow Margin	46.59%	48.25%	63.36%	47.15%	21.36%	28.04%
EBITDA	50,845	48,184	44,952	33,631	26,445	24,907
EBITDA Margin	79.04%	77.06%	77.88%	75.97%	78.67%	77.66%
D&A For EBITDA	332.73	435.73	285.56	239.1	213.56	215.08
EBIT	50,513	47,749	44,666	33,392	26,232	24,692
EBIT Margin	78.53%	76.36%	77.38%	75.42%	78.03%	76.99%
Effective Tax Rate	44.24%	39.48%	40.06%	40.49%	39.40%	38.75%
Revenue as Reported	64,326	62,529	57,721	44,272	33,615	32,073

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