Kawan Food Berhad (KLSE:KAWAN)

Kawan Food Berhad Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	296.52	317.55	287.22	274.76	251.77	254.7
Revenue Growth (YoY)	-2.13%	10.56%	4.53%	9.13%	-1.15%	18.97%
Cost of Revenue	208.66	218.49	205.15	191.68	161.23	153.69
Gross Profit	87.86	99.06	82.07	83.08	90.54	101.01
Selling, General & Admin	55.34	62.92	57.09	54.25	61.06	74.52
Other Operating Expenses	-	-	-	-6.2	-4.69	-5.1
Operating Expenses	55.13	62.71	57.18	48.04	56.37	69.43
Operating Income	32.73	36.35	24.89	35.04	34.17	31.58
Interest Expense	-0.07	-0.12	-0.21	-0.17	-0.42	-0.57
Interest & Investment Income	1.2	1.2	1.17	0.89	0.96	0.47
Earnings From Equity Investments	-0.44	-0.36	-0.47	-0.38	-	-
Currency Exchange Gain (Loss)	-6.03	-2.02	2.34	4.87	2.12	0.46
Other Non Operating Income (Expenses)	3.37	6.49	6.56	-0.14	-0.2	-0.2
EBT Excluding Unusual Items	30.76	41.54	34.27	40.1	36.63	31.73
Gain (Loss) on Sale of Assets	-	-	-	0.04	0.03	0.28
Pretax Income	30.76	41.54	34.27	40.14	36.66	32.02
Income Tax Expense	8.85	10.12	4.14	1.67	4.87	4.36
Earnings From Continuing Operations	21.91	31.42	30.13	38.48	31.78	27.65
Minority Interest in Earnings	0.08	-	-	0.02	0	0.37
Net Income	21.99	31.42	30.13	38.5	31.79	28.02
Net Income to Common	21.99	31.42	30.13	38.5	31.79	28.02
Net Income Growth	-35.66%	4.28%	-21.74%	21.12%	13.45%	129.85%
Shares Outstanding (Basic)	344	348	360	360	360	360
Shares Outstanding (Diluted)	376	373	368	360	360	361
Shares Change (YoY)	1.57%	1.30%	2.32%	0.01%	-0.16%	0.27%
EPS (Basic)	0.06	0.09	0.08	0.11	0.09	0.08
EPS (Diluted)	0.06	0.08	0.08	0.11	0.09	0.08
EPS Growth	-36.67%	2.94%	-23.52%	21.13%	13.64%	129.17%
Free Cash Flow	29.83	-0.56	54.17	26.34	22.6	33.73
Free Cash Flow Per Share	0.08	-0.00	0.15	0.07	0.06	0.09
Dividend Per Share	0.058	0.090	0.036	0.030	0.030	0.025
Dividend Growth	38.09%	150.00%	20.00%	-	20.00%	-
Gross Margin	29.63%	31.20%	28.57%	30.24%	35.96%	39.66%
Operating Margin	11.04%	11.45%	8.67%	12.75%	13.57%	12.40%
Profit Margin	7.42%	9.89%	10.49%	14.01%	12.63%	11.00%
Free Cash Flow Margin	10.06%	-0.18%	18.86%	9.59%	8.97%	13.24%
EBITDA	51.8	54.9	44.2	53.93	52.37	48.17
EBITDA Margin	17.47%	17.29%	15.39%	19.63%	20.80%	18.91%
D&A For EBITDA	19.08	18.55	19.31	18.9	18.2	16.59
EBIT	32.73	36.35	24.89	35.04	34.17	31.58
EBIT Margin	11.04%	11.45%	8.67%	12.75%	13.57%	12.40%
Effective Tax Rate	28.77%	24.36%	12.07%	4.15%	13.29%	13.63%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.