Sarawak Oil Palms Berhad (KLSE:SOP)

Sarawak Oil Palms 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,435	5,318	5,124	5,308	4,431	2,779
Revenue Growth (YoY)	3.68%	3.80%	-3.48%	19.80%	59.47%	-6.50%
Cost of Revenue	4,455	4,372	4,377	4,272	3,283	2,241
Gross Profit	979.99	946.59	746.55	1,036	1,148	537.48
Selling, General & Admin	321.25	325.61	351.15	388.6	321.57	187.85
Other Operating Expenses	29.39	39.76	-5.12	-22.11	93.34	20.84
Operating Expenses	350.63	365.36	346.03	366.5	414.91	208.69
Operating Income	629.35	581.23	400.52	669.57	733.38	328.79
Interest Expense	-19.6	-21.87	-33.49	-29.27	-33.32	-42.25
Interest & Investment Income	53.93	53.36	47.09	26.89	16.28	20.86
Earnings From Equity Investments	-0.01	-0.04	3.07	-2.53	-2.88	-13.96
Currency Exchange Gain (Loss)	2.33	2.33	2.39	0.19	0	10.8
Other Non Operating Income (Expenses)	-	-	-	3.35	-0.94	-2.88
EBT Excluding Unusual Items	666.01	615.01	419.59	668.2	712.52	301.35
Gain (Loss) on Sale of Assets	0.92	0.92	1.14	0.57	0.47	0.85
Other Unusual Items	0.01	0.01	-	0.02	-	-
Pretax Income	666.93	615.94	420.72	668.79	712.99	302.2
Income Tax Expense	165.49	150.15	106.35	164.54	171.49	82.04
Earnings From Continuing Operations	501.44	465.79	314.37	504.25	541.5	220.16
Minority Interest in Earnings	-20.67	-19.33	-13.51	-24.6	-31.6	-16.04
Net Income	480.77	446.46	300.87	479.65	509.9	204.12
Net Income to Common	480.77	446.46	300.87	479.65	509.9	204.12
Net Income Growth	43.02%	48.39%	-37.27%	-5.93%	149.81%	128.17%
Shares Outstanding (Basic)	892	892	890	878	857	856
Shares Outstanding (Diluted)	896	894	891	880	860	857
Shares Change (YoY)	0.58%	0.40%	1.29%	2.34%	0.33%	0.04%
EPS (Basic)	0.54	0.50	0.34	0.55	0.59	0.24
EPS (Diluted)	0.54	0.50	0.34	0.55	0.59	0.24
EPS Growth	42.20%	47.79%	-38.07%	-8.08%	148.93%	128.11%
Free Cash Flow	235.63	433.12	220.13	619.55	320	301.85
Free Cash Flow Per Share	0.26	0.48	0.25	0.70	0.37	0.35
Dividend Per Share	0.080	0.080	0.100	0.100	0.067	0.040
Dividend Growth	-20.00%	-20.00%	-	49.93%	66.75%	20.12%
Gross Margin	18.03%	17.80%	14.57%	19.52%	25.91%	19.34%
Operating Margin	11.58%	10.93%	7.82%	12.61%	16.55%	11.83%
Profit Margin	8.85%	8.39%	5.87%	9.04%	11.51%	7.35%
Free Cash Flow Margin	4.33%	8.14%	4.30%	11.67%	7.22%	10.86%
EBITDA	795.25	750.81	570.14	833.47	893.12	469.38
EBITDA Margin	14.63%	14.12%	11.13%	15.70%	20.16%	16.89%
D&A For EBITDA	165.89	169.58	169.62	163.9	159.75	140.6
EBIT	629.35	581.23	400.52	669.57	733.38	328.79
EBIT Margin	11.58%	10.93%	7.82%	12.61%	16.55%	11.83%
Effective Tax Rate	24.81%	24.38%	25.28%	24.60%	24.05%	27.15%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.