Kenanga Investment Bank Berhad (KLSE: KENANGA)

KENANGA 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
Interest and Dividend Income	258	256.94	222.54	210.37	218.92	244.15
Total Interest Expense	181.28	162.07	112.81	99.56	120.51	160.17
Net Interest Income	76.72	94.86	109.73	110.81	98.41	83.98
Gain on Sale of Investments (Rev)	57.75	56.55	23.86	1.57	11.22	12.07
Other Revenue	544.24	476.42	452.2	647.19	698.5	336.4
Revenue Before Loan Losses	678.7	627.83	585.79	759.58	808.13	432.45
Provision for Loan Losses	28.73	5.53	3.92	1.9	5.85	-15.22
Revenue	649.96	622.3	581.87	757.68	802.28	447.67
Revenue Growth (YoY)	12.28%	6.95%	-23.20%	-5.56%	79.21%	9.46%
Salaries & Employee Benefits	244.3	237.97	221.84	247.13	231.44	185.1
Cost of Services Provided	336.9	304.36	285.37	375.55	443.39	208.29
Other Operating Expenses	-1.85	-1.34	-7.36	-2.6	-1.45	-1
Total Operating Expenses	600.56	563.54	525.7	645.38	697.3	413.72
Operating Income	49.4	58.76	56.17	112.3	104.98	33.95
Currency Exchange Gains	9.96	10.52	8.12	10.79	9.31	6.8
Other Non-Operating Income (Expenses)	14.71	11.05	8.89	6.76	7.62	9.09
EBT Excluding Unusual Items	92.81	86.6	74.04	143.45	134.69	42.93
Pretax Income	92.84	88.11	74.15	148.24	134.72	42.95
Income Tax Expense	14.95	15.36	18.8	29.42	32.43	16.57
Earnings From Continuing Ops.	77.89	72.75	55.35	118.82	102.29	26.39
Minority Interest in Earnings	-	-0.11	-0.84	-0.43	-0.2	-
Net Income	77.89	72.64	54.51	118.39	102.08	26.39
Net Income to Common	77.89	72.64	54.51	118.39	102.08	26.39
Net Income Growth	68.16%	33.26%	-53.96%	15.98%	286.88%	121.53%
Shares Outstanding (Basic)	724	723	727	727	701	699
Shares Outstanding (Diluted)	727	725	731	743	720	699
Shares Change (YoY)	0.12%	-0.78%	-1.55%	3.18%	3.00%	-2.25%
EPS (Basic)	0.11	0.10	0.08	0.16	0.15	0.04
EPS (Diluted)	0.11	0.10	0.07	0.16	0.14	0.04
EPS Growth	67.99%	34.18%	-53.20%	12.41%	275.49%	126.13%
Free Cash Flow	426.19	427.58	-284.75	32.69	-590.36	13.5
Free Cash Flow Per Share	0.59	0.59	-0.39	0.04	-0.82	0.02
Dividend Per Share	0.070	0.070	0.060	0.040	0.040	0.033
Dividend Growth	16.67%	16.67%	50.00%	0%	23.08%	195.45%
Operating Margin	7.60%	9.44%	9.65%	14.82%	13.09%	7.58%
Profit Margin	11.98%	11.67%	9.37%	15.63%	12.72%	5.89%
Free Cash Flow Margin	65.57%	68.71%	-48.94%	4.32%	-73.59%	3.01%
Effective Tax Rate	16.10%	17.43%	25.35%	19.85%	24.07%	38.57%

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