Sunway Real Estate Investment Trust (KLSE:SUNREIT)

KLSE:SUNREIT Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jun 30, 2021
Rental Revenue	796.09	756.87	704.55	639.46	479.86	391.68
Other Revenue	1.4	0.31	0.4	0.1	-15.3	19.32
Total Revenue	807.33	770.27	714.84	644.32	471.58	418.63
Revenue Growth (YoY	12.93%	7.75%	10.95%	36.63%	12.65%	-23.27%
Property Expenses	236.65	221.55	213.07	175.27	169.72	182.21
Selling, General & Administrative	27.61	27.88	23.77	23.12	28.29	4.08
Total Operating Expenses	264.26	249.43	236.84	198.39	198.01	186.29
Operating Income	543.07	520.84	478	445.93	273.57	232.34
Interest Expense	-171.5	-166.62	-138.95	-100.05	-88.58	-94.11
Other Non-Operating Income	-0	-0	-	-0	-0	-
EBT Excluding Unusual Items	371.57	354.23	339.05	345.88	184.99	138.23
Asset Writedown	173.43	173.43	0.51	-13	-57.34	-
Pretax Income	545	527.65	339.56	332.88	127.64	138.23
Income Tax Expense	2.9	2.9	1.37	9.32	-0.85	-
Net Income	542.1	524.75	338.19	323.56	128.49	138.23
Preferred Dividends & Other Adjustments	10.96	10.22	19.89	19.89	19.89	19.89
Net Income to Common	531.13	514.54	318.3	303.67	108.6	118.34
Net Income Growth	64.91%	55.16%	4.52%	151.81%	-7.05%	-33.61%
Basic Shares Outstanding	3,425	3,425	3,425	3,425	3,416	3,269
Diluted Shares Outstanding	3,425	3,425	3,425	3,425	3,416	3,269
Shares Change (YoY)	-	-	-	0.25%	4.50%	11.13%
EPS (Basic)	0.16	0.15	0.09	0.09	0.03	0.04
EPS (Diluted)	0.16	0.15	0.09	0.09	0.03	0.04
EPS Growth	72.02%	61.65%	4.82%	178.92%	-12.19%	-43.44%
Dividend Per Share	0.100	0.100	0.093	0.092	0.046	0.033
Dividend Growth	7.53%	7.53%	0.87%	102.19%	38.18%	-54.98%
Operating Margin	67.27%	67.62%	66.87%	69.21%	58.01%	55.50%
Profit Margin	65.79%	66.80%	44.53%	47.13%	23.03%	28.27%
EBITDA	547.1	524.86	481.86	448.79	275.95	234.72
EBITDA Margin	67.77%	68.14%	67.41%	69.65%	58.52%	56.07%
D&A For Ebitda	4.03	4.01	3.86	2.86	2.38	2.38
EBIT	543.07	520.84	478	445.93	273.57	232.34
EBIT Margin	67.27%	67.62%	66.87%	69.21%	58.01%	55.50%
Effective Tax Rate	0.53%	0.55%	0.40%	2.80%	-	-

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.