Hektar Real Estate Investment Trust (KLSE:HEKTAR)

KLSE:HEKTAR 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
Rental Revenue	124.8	111.5	117.45	96.6	111.14
Other Revenue	0.86	0.76	1.76	0.02	0.11
Total Revenue	126.67	113.71	120.81	97.36	111.78
Revenue Growth (YoY	11.40%	-5.88%	24.09%	-12.90%	-18.84%
Property Expenses	61.92	56.82	64.53	54.84	62.81
Selling, General & Administrative	14.67	7.99	8.46	5.03	6.07
Total Operating Expenses	76.6	62.41	64.21	65.98	76.66
Operating Income	50.07	51.3	56.61	31.38	35.12
Interest Expense	-30.08	-26.2	-20.21	-18.67	-20.9
EBT Excluding Unusual Items	20	25.1	36.39	12.71	14.22
Asset Writedown	5.3	26.6	41.6	-44.21	-38.31
Pretax Income	25.3	51.7	77.99	-31.5	-24.09
Income Tax Expense	0.68	2.64	3.35	-3.03	-0.25
Net Income	24.62	49.06	74.65	-28.47	-23.84
Net Income to Common	24.62	49.06	74.65	-28.47	-23.84
Net Income Growth	-49.82%	-34.28%	-	-	-
Basic Shares Outstanding	685	500	471	462	462
Diluted Shares Outstanding	685	500	471	462	462
Shares Change (YoY)	36.97%	6.08%	1.98%	0.03%	-
EPS (Basic)	0.04	0.10	0.16	-0.06	-0.05
EPS (Diluted)	0.04	0.10	0.16	-0.06	-0.05
EPS Growth	-63.37%	-38.04%	-	-	-
Dividend Per Share	0.032	0.050	0.080	0.025	0.009
Dividend Growth	-37.00%	-37.50%	216.21%	181.11%	-88.42%
Operating Margin	39.53%	45.11%	46.86%	32.23%	31.42%
Profit Margin	19.43%	43.14%	61.79%	-29.24%	-21.33%
EBITDA	50.17	51.36	56.63	31.4	35.14
EBITDA Margin	39.61%	45.16%	46.87%	32.25%	31.44%
D&A For Ebitda	0.1	0.06	0.02	0.02	0.02
EBIT	50.07	51.3	56.61	31.38	35.12
EBIT Margin	39.53%	45.11%	46.86%	32.23%	31.42%
Effective Tax Rate	2.70%	5.10%	4.29%	-	-

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.