AmanahRaya Real Estate Investment Trust (KLSE: ARREIT)

ARREIT Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Rental Revenue	69.39	72.4	77.86	86.57	92	96.88
Gain (Loss) on Sale of Assets (Rev)	-	-	-4.74	-	-	-
Other Revenue	2.31	2.05	0.76	0.58	-0.36	-0.91
Total Revenue	72.31	74.98	74.39	87.45	92.25	97.06
Revenue Growth (YoY	-1.32%	0.79%	-14.94%	-5.20%	-4.96%	-1.07%
Property Expenses	30.31	32.15	27.99	25.37	26.01	22.86
Selling, General & Administrative	5.59	3.47	2.6	1.88	2.67	3.17
Other Operating Expenses	-	-	0.64	5.56	6.59	-
Total Operating Expenses	35.9	35.62	31.24	32.81	35.27	26.03
Operating Income	36.41	39.36	43.15	54.65	56.98	71.04
Interest Expense	-30.59	-31.72	-26.21	-24.04	-26.28	-33.17
EBT Excluding Unusual Items	5.82	7.63	16.95	30.6	30.71	37.87
Asset Writedown	-2.88	-2.88	-1.72	0.98	-38.11	3.12
Pretax Income	2.94	4.75	15.23	31.59	-7.4	40.98
Income Tax Expense	-0.29	-0.29	2.93	0.16	-	5.49
Net Income	3.23	5.04	12.3	31.43	-7.4	35.49
Net Income to Common	3.23	5.04	12.3	31.43	-7.4	35.49
Net Income Growth	-54.74%	-59.03%	-60.86%	-	-	-56.32%
Basic Shares Outstanding	573	573	573	573	573	573
Diluted Shares Outstanding	573	573	573	573	573	573
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	0.01	0.01	0.02	0.05	-0.01	0.06
EPS (Diluted)	0.01	0.01	0.02	0.05	-0.01	0.06
EPS Growth	-54.73%	-59.03%	-60.86%	-	-	-56.32%
Dividend Per Share	0.004	0.012	0.034	0.050	0.051	0.062
Dividend Growth	-85.90%	-64.82%	-32.26%	-1.13%	-18.00%	1.64%
Operating Margin	50.36%	52.49%	58.01%	62.49%	61.77%	73.18%
Profit Margin	4.46%	6.72%	16.54%	35.93%	-8.02%	36.57%
Free Cash Flow Margin	53.58%	57.97%	64.31%	63.88%	58.39%	70.22%
EBIT	36.41	39.36	43.15	54.65	56.98	71.04
EBIT Margin	50.36%	52.49%	58.01%	62.49%	61.77%	73.18%
Effective Tax Rate	-	-	19.24%	0.51%	-	13.40%

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