Manulife Holdings Berhad (KLSE:MANULFE)

Manulife Holdings 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
Premiums & Annuity Revenue	453.05	439.42	360.21	316.17	1,003	920.81
Total Interest & Dividend Income	84.65	-38.31	-7.82	75.85	209.03	187.1
Gain (Loss) on Sale of Investments	-1.33	134.06	54.91	-57.7	137.46	153.27
Other Revenue	156.05	160.82	122.95	119.11	150.27	109.52
Total Revenue	692.42	695.99	530.26	453.43	1,500	1,371
Revenue Growth (YoY)	14.79%	31.25%	16.94%	-69.77%	9.43%	0.94%
Policy Benefits	317.33	347.34	283.22	270.06	956.34	971.34
Policy Acquisition & Underwriting Costs	136.15	99.48	69.35	66.81	211.33	114.38
Selling, General & Administrative	55.09	63.72	64.44	63.34	211.23	208.76
Other Operating Expenses	4.84	-	-	-	5.08	2.43
Total Operating Expenses	513.42	510.55	417.01	400.2	1,385	1,299
Operating Income	179.01	185.45	113.25	53.23	115.07	71.79
Interest Expense	-0.08	-0.09	-0.11	-0.09	-0.02	-0.02
Currency Exchange Gain (Loss)	-	-	-	-	8	-2.37
EBT Excluding Unusual Items	178.93	185.36	113.14	53.14	123.05	69.41
Asset Writedown	-	-	-	-	-0.05	-
Pretax Income	178.93	185.36	113.14	53.14	122.99	69.41
Income Tax Expense	43.15	53.99	29.27	19.05	36.03	30.6
Earnings From Continuing Ops.	135.78	131.37	83.87	34.08	86.96	38.82
Minority Interest in Earnings	-	-	-	-10.65	-	-0
Net Income	135.78	131.37	83.87	23.44	86.96	38.81
Preferred Dividends & Other Adjustments	25.98	22.5	-4.87	-	-	-
Net Income to Common	109.8	108.87	88.74	23.44	86.96	38.81
Net Income Growth	32.57%	56.62%	257.88%	-73.05%	124.06%	48.51%
Shares Outstanding (Basic)	224	222	218	214	209	204
Shares Outstanding (Diluted)	224	222	218	214	209	204
Shares Change (YoY)	2.35%	1.91%	1.85%	2.18%	2.40%	0.88%
EPS (Basic)	0.49	0.49	0.41	0.11	0.42	0.19
EPS (Diluted)	0.49	0.49	0.41	0.11	0.42	0.19
EPS Growth	-1.58%	20.39%	271.80%	-73.63%	118.82%	47.22%
Free Cash Flow	-52.89	101.9	82.9	26.75	40.78	2.71
Free Cash Flow Per Share	-0.24	0.46	0.38	0.13	0.20	0.01
Dividend Per Share	0.080	0.080	0.070	0.070	0.070	0.070
Dividend Growth	14.29%	14.29%	-	-	-	-
Operating Margin	25.85%	26.65%	21.36%	11.74%	7.67%	5.24%
Profit Margin	15.86%	15.64%	16.74%	5.17%	5.80%	2.83%
Free Cash Flow Margin	-7.64%	14.64%	15.63%	5.90%	2.72%	0.20%
EBITDA	188.08	193.33	118.06	58.21	126.99	80.85
EBITDA Margin	27.16%	27.78%	22.26%	12.84%	8.47%	5.90%
D&A For EBITDA	9.07	7.89	4.81	4.98	11.93	9.06
EBIT	179.01	185.45	113.25	53.23	115.07	71.79
EBIT Margin	25.85%	26.65%	21.36%	11.74%	7.67%	5.24%
Effective Tax Rate	24.12%	29.13%	25.87%	35.85%	29.30%	44.08%
Revenue as Reported	-	-	-	-	1,508	1,380

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