Kawan Food Berhad (KLSE: KAWAN)

Kawan Food Berhad 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
Revenue	302.98	287.22	274.76	251.77	254.7	214.09
Revenue Growth (YoY)	15.78%	4.53%	9.13%	-1.15%	18.97%	7.05%
Cost of Revenue	209.96	205.15	191.68	161.23	153.69	142.33
Gross Profit	93.02	82.07	83.08	90.54	101.01	71.75
Selling, General & Admin	61.46	57.21	54.25	61.06	74.52	59.24
Other Operating Expenses	-6.56	-6.56	-6.2	-4.69	-5.1	-2.26
Operating Expenses	54.91	50.66	48.04	56.37	69.43	56.98
Operating Income	38.12	31.41	35.04	34.17	31.58	14.77
Interest Expense	-0.15	-0.21	-0.17	-0.42	-0.57	-0.83
Interest & Investment Income	1.17	1.17	0.89	0.96	0.47	0.49
Earnings From Equity Investments	-0.3	-0.47	-0.38	-	-	-
Currency Exchange Gain (Loss)	2.34	2.34	4.87	2.12	0.46	0.56
Other Non Operating Income (Expenses)	-0.72	-	-0.14	-0.2	-0.2	-0.17
EBT Excluding Unusual Items	40.45	34.23	40.1	36.63	31.73	14.82
Gain (Loss) on Sale of Assets	0.03	0.03	0.04	0.03	0.28	0.53
Pretax Income	40.48	34.27	40.14	36.66	32.02	15.35
Income Tax Expense	6.3	4.14	1.67	4.87	4.36	3.34
Earnings From Continuing Operations	34.18	30.13	38.48	31.78	27.65	12.01
Minority Interest in Earnings	-	-	0.02	0	0.37	0.18
Net Income	34.18	30.13	38.5	31.79	28.02	12.19
Net Income to Common	34.18	30.13	38.5	31.79	28.02	12.19
Net Income Growth	4.75%	-21.74%	21.12%	13.45%	129.85%	-46.55%
Shares Outstanding (Basic)	361	361	360	360	360	360
Shares Outstanding (Diluted)	363	361	360	360	361	360
Shares Change (YoY)	0.36%	0.29%	0.01%	-0.16%	0.27%	-
EPS (Basic)	0.09	0.08	0.11	0.09	0.08	0.03
EPS (Diluted)	0.09	0.08	0.11	0.09	0.08	0.03
EPS Growth	4.37%	-21.93%	21.12%	13.64%	129.17%	-46.55%
Free Cash Flow	30.64	53.21	26.34	22.6	33.73	20.43
Free Cash Flow Per Share	0.08	0.15	0.07	0.06	0.09	0.06
Dividend Per Share	0.042	0.036	0.030	0.030	0.025	0.025
Dividend Growth	16.67%	20.00%	0%	20.00%	0%	0%
Gross Margin	30.70%	28.57%	30.24%	35.96%	39.66%	33.52%
Operating Margin	12.58%	10.94%	12.75%	13.57%	12.40%	6.90%
Profit Margin	11.28%	10.49%	14.01%	12.62%	11.00%	5.69%
Free Cash Flow Margin	10.11%	18.53%	9.59%	8.97%	13.24%	9.54%
EBITDA	57.92	50.72	53.93	52.37	48.17	31.23
EBITDA Margin	19.12%	17.66%	19.63%	20.80%	18.91%	14.59%
D&A For EBITDA	19.8	19.31	18.9	18.2	16.59	16.45
EBIT	38.12	31.41	35.04	34.17	31.58	14.77
EBIT Margin	12.58%	10.94%	12.75%	13.57%	12.40%	6.90%
Effective Tax Rate	15.56%	12.07%	4.15%	13.29%	13.63%	21.76%

Source: S&P Capital IQ. Standard template. Financial Sources.