Manulife Holdings Berhad (KLSE:MANULFE)

Manulife Holdings Berhad Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	477.98	439.42	360.21	316.17	1,003
Total Interest & Dividend Income	24.85	-38.29	-7.82	75.85	209.03
Gain (Loss) on Sale of Investments	38.25	134.04	54.91	-57.7	137.46
Other Revenue	159.8	160.82	122.95	119.11	150.27
Total Revenue	700.87	695.99	530.26	453.43	1,500
Revenue Growth (YoY)	0.70%	31.25%	16.94%	-69.77%	9.43%
Policy Benefits	285.98	347.34	283.22	270.06	956.34
Policy Acquisition & Underwriting Costs	186.92	99.48	69.35	66.81	211.33
Selling, General & Administrative	48.53	63.68	64.44	63.34	211.23
Other Operating Expenses	19.82	-	-	-	5.08
Total Operating Expenses	541.25	510.51	417.01	400.2	1,385
Operating Income	159.62	185.49	113.25	53.23	115.07
Interest Expense	-0.09	-0.09	-0.11	-0.09	-0.02
Currency Exchange Gain (Loss)	-	-	-	-	8
EBT Excluding Unusual Items	159.53	185.4	113.14	53.14	123.05
Gain (Loss) on Sale of Assets	-	-0.04	-	-	-
Asset Writedown	-	-	-	-	-0.05
Pretax Income	159.53	185.36	113.14	53.14	122.99
Income Tax Expense	41.2	53.99	29.27	19.05	36.03
Earnings From Continuing Ops.	118.33	131.37	83.87	34.08	86.96
Minority Interest in Earnings	-	-	-	-10.65	-
Net Income	118.33	131.37	83.87	23.44	86.96
Preferred Dividends & Other Adjustments	6.38	22.5	-4.87	-	-
Net Income to Common	111.95	108.87	88.74	23.44	86.96
Net Income Growth	-9.92%	56.62%	257.88%	-73.05%	124.06%
Shares Outstanding (Basic)	228	222	218	214	209
Shares Outstanding (Diluted)	228	222	218	214	209
Shares Change (YoY)	2.71%	1.91%	1.85%	2.18%	2.40%
EPS (Basic)	0.49	0.49	0.41	0.11	0.42
EPS (Diluted)	0.49	0.49	0.41	0.11	0.42
EPS Growth	0.12%	20.39%	271.80%	-73.63%	118.82%
Free Cash Flow	113.94	101.9	82.9	26.75	40.78
Free Cash Flow Per Share	0.50	0.46	0.38	0.13	0.20
Dividend Per Share	0.090	0.080	0.070	0.070	0.070
Dividend Growth	12.50%	14.29%	-	-	-
Operating Margin	22.77%	26.65%	21.36%	11.74%	7.67%
Profit Margin	15.97%	15.64%	16.74%	5.17%	5.80%
Free Cash Flow Margin	16.26%	14.64%	15.63%	5.90%	2.72%
EBITDA	171.8	193.38	118.06	58.21	126.99
EBITDA Margin	24.51%	27.78%	22.26%	12.84%	8.47%
D&A For EBITDA	12.19	7.89	4.81	4.98	11.93
EBIT	159.62	185.49	113.25	53.23	115.07
EBIT Margin	22.77%	26.65%	21.36%	11.74%	7.67%
Effective Tax Rate	25.83%	29.13%	25.87%	35.85%	29.30%
Revenue as Reported	-	-	-	-	1,508

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.