East West Properties PLC (COSE: EAST.N0000)

East West Properties Income Statement

Financials in millions LKR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Rental Revenue	139.16	136.12	118.82	82.24	71.77	63.55
Gain (Loss) on Sale of Assets (Rev)	-	5.25	-	-	-	-
Other Revenue	-	3.44	1.48	1.47	0.42	0.84
Total Revenue	139.16	144.81	120.3	83.71	72.19	64.39
Revenue Growth (YoY	11.50%	20.37%	43.70%	15.97%	12.11%	-96.01%
Property Expenses	3.32	4.04	3.16	3.6	6.72	3.21
Selling, General & Administrative	126.3	112.82	89.7	71.92	77.51	77.37
Other Operating Expenses	1.25	1.25	0.28	10.75	25.18	-10.94
Total Operating Expenses	130.87	118.11	93.14	86.27	109.42	69.64
Operating Income	8.29	26.7	27.16	-2.56	-37.23	-5.25
Interest Expense	23.62	-	-0.14	-0.05	-0.39	-1.25
Interest & Investment Income	73.73	76.32	87.07	70.53	134.85	167.48
Currency Exchange Gain (Loss)	-	6.59	34.16	114.58	12.26	7.92
Other Non-Operating Income	9.92	1.63	0.05	0.09	-6.88	-4.75
EBT Excluding Unusual Items	115.56	111.24	148.3	182.6	102.61	164.16
Gain (Loss) on Sale of Investments	-	1.31	-23.81	-32.16	214.1	-116.77
Gain (Loss) on Sale of Assets	-	-	-	-	-	2,739
Total Insurance Settlements	-	1.49	2.98	1.99	-	0.23
Pretax Income	115.56	114.04	127.47	152.42	316.71	2,787
Income Tax Expense	14.57	20.77	26.73	16.19	15.59	67.59
Earnings From Continuing Operations	100.98	93.27	100.74	136.23	301.12	2,719
Minority Interest in Earnings	-12.39	-12.72	-13.37	-3.77	-10.2	-3.86
Net Income	88.6	80.55	87.37	132.46	290.92	2,715
Net Income to Common	88.6	80.55	87.37	132.46	290.92	2,715
Net Income Growth	-48.64%	-7.80%	-34.04%	-54.47%	-89.29%	-
Basic Shares Outstanding	149	138	138	138	138	138
Diluted Shares Outstanding	149	138	138	138	138	138
Shares Change (YoY)	14.66%	-	-	-	-	-
EPS (Basic)	0.59	0.58	0.63	0.96	2.10	19.64
EPS (Diluted)	0.59	0.58	0.63	0.96	2.10	19.64
EPS Growth	-55.21%	-7.80%	-34.04%	-54.47%	-89.29%	-
Operating Margin	5.96%	18.44%	22.58%	-3.06%	-51.57%	-8.15%
Profit Margin	63.66%	55.62%	72.62%	158.23%	403.00%	4216.71%
Free Cash Flow Margin	33.92%	-8.94%	22.58%	116.67%	-78.67%	548.42%
EBITDA	44.1	61.2	59.89	15.1	-23	8.03
EBITDA Margin	31.69%	42.26%	49.78%	18.04%	-31.86%	12.47%
D&A For Ebitda	35.81	34.5	32.73	17.66	14.23	13.28
EBIT	8.29	26.7	27.16	-2.56	-37.23	-5.25
EBIT Margin	5.96%	18.44%	22.58%	-3.06%	-51.57%	-8.15%
Effective Tax Rate	12.61%	18.21%	20.97%	10.62%	4.92%	2.43%

Source: S&P Capital IQ. Real Estate template. Financial Sources.