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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	5,315	5,124	5,308	4,431	2,779	2,972
Revenue Growth (YoY)	10.59%	-3.48%	19.80%	59.47%	-6.50%	-17.54%
Cost of Revenue	4,407	4,377	4,272	3,283	2,241	2,649
Gross Profit	908.3	746.55	1,036	1,148	537.48	323.21
Selling, General & Admin	351.83	351.15	388.6	321.57	187.85	135.7
Other Operating Expenses	0.71	-5.12	-22.11	93.34	20.84	25.36
Operating Expenses	352.54	346.03	366.5	414.91	208.69	161.05
Operating Income	555.76	400.52	669.57	733.38	328.79	162.15
Interest Expense	-25.24	-33.49	-29.27	-33.32	-42.25	-54.21
Interest & Investment Income	52.01	47.09	26.89	16.28	20.86	22.75
Earnings From Equity Investments	-1.79	3.07	-2.53	-2.88	-13.96	-0.36
Currency Exchange Gain (Loss)	2.39	2.39	0.19	0	10.8	0.97
Other Non Operating Income (Expenses)	-	-	3.35	-0.94	-2.88	-0.16
EBT Excluding Unusual Items	583.13	419.59	668.2	712.52	301.35	131.14
Gain (Loss) on Sale of Assets	1.14	1.14	0.57	0.47	0.85	0.17
Other Unusual Items	-	-	0.02	-	-	-
Pretax Income	584.27	420.72	668.79	712.99	302.2	131.31
Income Tax Expense	146.48	106.35	164.54	171.49	82.04	39.72
Earnings From Continuing Operations	437.79	314.37	504.25	541.5	220.16	91.59
Minority Interest in Earnings	-16.81	-13.51	-24.6	-31.6	-16.04	-2.14
Net Income	420.98	300.87	479.65	509.9	204.12	89.46
Net Income to Common	420.98	300.87	479.65	509.9	204.12	89.46
Net Income Growth	79.36%	-37.27%	-5.93%	149.81%	128.17%	43.13%
Shares Outstanding (Basic)	891	890	878	857	856	856
Shares Outstanding (Diluted)	893	891	880	860	857	856
Shares Change (YoY)	0.39%	1.29%	2.34%	0.33%	0.04%	0.01%
EPS (Basic)	0.47	0.34	0.55	0.59	0.24	0.10
EPS (Diluted)	0.47	0.34	0.55	0.59	0.24	0.10
EPS Growth	78.64%	-38.07%	-8.07%	148.93%	128.11%	43.12%
Free Cash Flow	540.16	220.13	619.55	320	301.85	318.76
Free Cash Flow Per Share	0.60	0.25	0.70	0.37	0.35	0.37
Dividend Per Share	0.100	0.100	0.100	0.067	0.040	0.033
Dividend Growth	0%	0%	49.93%	66.75%	20.12%	0%
Gross Margin	17.09%	14.57%	19.52%	25.91%	19.34%	10.88%
Operating Margin	10.46%	7.82%	12.61%	16.55%	11.83%	5.46%
Profit Margin	7.92%	5.87%	9.04%	11.51%	7.35%	3.01%
Free Cash Flow Margin	10.16%	4.30%	11.67%	7.22%	10.86%	10.73%
EBITDA	723.49	570.14	833.47	893.12	469.38	302.69
EBITDA Margin	13.61%	11.13%	15.70%	20.16%	16.89%	10.19%
D&A For EBITDA	167.73	169.62	163.9	159.75	140.6	140.54
EBIT	555.76	400.52	669.57	733.38	328.79	162.15
EBIT Margin	10.46%	7.82%	12.61%	16.55%	11.83%	5.46%
Effective Tax Rate	25.07%	25.28%	24.60%	24.05%	27.15%	30.25%

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