Swang Chai Chuan Limited (HKG:2321)

Sandy Spring Bancorp Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	913.01	931.92	835.91	668.74	564.63
Revenue Growth (YoY)	-2.03%	11.49%	25.00%	18.44%	13.51%
Cost of Revenue	799.52	821.58	724.29	574.23	487.78
Gross Profit	113.48	110.34	111.62	94.51	76.85
Selling, General & Admin	78.68	72.91	66.85	56.7	47.78
Operating Expenses	78.68	73.99	66.85	56.7	47.78
Operating Income	34.8	36.35	44.77	37.81	29.06
Interest Expense	-1.32	-2.28	-1.55	-1.37	-1.58
Interest & Investment Income	1.35	1.49	0.57	0.3	0.63
Earnings From Equity Investments	0.07	-0.18	0.03	-	-
Currency Exchange Gain (Loss)	-	-	0.69	-	-
Other Non Operating Income (Expenses)	1.62	1.21	-5.04	-4.1	1.31
EBT Excluding Unusual Items	36.52	36.58	39.47	32.63	29.42
Gain (Loss) on Sale of Assets	0.05	0.16	0.08	0.08	-
Other Unusual Items	0.01	-	-	0.05	-2.31
Pretax Income	36.58	36.74	39.55	32.76	27.11
Income Tax Expense	8.51	9.63	12.76	9.17	8.31
Net Income	28.06	27.12	26.79	23.59	18.8
Net Income to Common	28.06	27.12	26.79	23.59	18.8
Net Income Growth	3.49%	1.23%	13.56%	25.49%	6.45%
Shares Outstanding (Basic)	1,000	1,000	823	723	-
Shares Outstanding (Diluted)	1,000	1,000	823	723	-
Shares Change (YoY)	-	21.46%	13.89%	-	-
EPS (Basic)	0.03	0.03	0.03	0.03	-
EPS (Diluted)	0.03	0.03	0.03	0.03	-
EPS Growth	3.49%	-16.66%	-0.29%	-	-
Free Cash Flow	28.69	24.51	-28.36	-0.12	27.01
Free Cash Flow Per Share	0.03	0.03	-0.03	-	-
Gross Margin	12.43%	11.84%	13.35%	14.13%	13.61%
Operating Margin	3.81%	3.90%	5.36%	5.65%	5.15%
Profit Margin	3.07%	2.91%	3.21%	3.53%	3.33%
Free Cash Flow Margin	3.14%	2.63%	-3.39%	-0.02%	4.78%
EBITDA	39.69	40.27	47.85	40.51	31.33
EBITDA Margin	4.35%	4.32%	5.72%	6.06%	5.55%
D&A For EBITDA	4.89	3.92	3.08	2.7	2.27
EBIT	34.8	36.35	44.77	37.81	29.06
EBIT Margin	3.81%	3.90%	5.36%	5.65%	5.15%
Effective Tax Rate	23.27%	26.20%	32.26%	27.99%	30.66%

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