United Plantations Berhad (KLSE: UTDPLT)

United Plantations 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,107	2,014	2,515	2,033	1,340	1,173
Other Revenue	91.93	91.93	16.28	22.12	31.4	22.4
Revenue	2,199	2,106	2,531	2,056	1,371	1,195
Revenue Growth (YoY)	3.87%	-16.79%	23.13%	49.88%	14.72%	-11.06%
Cost of Revenue	541.78	580.59	909.22	695.84	459.58	408.75
Gross Profit	1,657	1,526	1,622	1,360	911.87	786.75
Selling, General & Admin	243.46	243.46	227.77	204.81	194.17	182.96
Other Operating Expenses	353.32	277.95	467.46	378.16	143.69	180.9
Operating Expenses	703.75	628.38	797.97	683.46	433.33	459.32
Operating Income	953.41	897.2	823.9	676.31	478.55	327.43
Interest Expense	-0.4	-0.75	-2.31	-0.03	-0.03	-0.03
Interest & Investment Income	25.92	26.54	11.6	6.81	16.12	27.68
Earnings From Equity Investments	15.02	10.5	13.3	0.33	11.01	2.88
Pretax Income	993.94	933.49	846.49	683.42	505.64	357.96
Income Tax Expense	234.71	222.47	240.92	161.18	104.07	73.63
Earnings From Continuing Operations	759.24	711.02	605.56	522.24	401.58	284.33
Minority Interest in Earnings	-3.76	-3.25	-3.88	-3.91	-2.03	-1.04
Net Income	755.47	707.77	601.68	518.34	399.54	283.29
Net Income to Common	755.47	707.77	601.68	518.34	399.54	283.29
Net Income Growth	20.21%	17.63%	16.08%	29.73%	41.04%	-23.93%
Shares Outstanding (Basic)	415	415	415	415	415	415
Shares Outstanding (Diluted)	415	415	415	415	415	415
Shares Change (YoY)	-	-	-	-	-	-0.19%
EPS (Basic)	1.82	1.71	1.45	1.25	0.96	0.68
EPS (Diluted)	1.82	1.71	1.45	1.25	0.96	0.68
EPS Growth	20.21%	17.63%	16.08%	29.73%	41.04%	-23.79%
Free Cash Flow	587.26	583.94	796.58	436.58	274.78	173.48
Free Cash Flow Per Share	1.42	1.41	1.92	1.05	0.66	0.42
Dividend Per Share	0.700	1.100	1.100	0.950	0.300	0.200
Dividend Growth	-36.36%	0%	15.79%	216.67%	50.00%	0%
Gross Margin	75.36%	72.43%	64.08%	66.15%	66.49%	65.81%
Operating Margin	43.36%	42.60%	32.55%	32.90%	34.89%	27.39%
Profit Margin	34.36%	33.60%	23.77%	25.22%	29.13%	23.70%
Free Cash Flow Margin	26.71%	27.73%	31.47%	21.24%	20.04%	14.51%
EBITDA	1,084	998.2	920.67	768.76	565.98	414.85
EBITDA Margin	49.31%	47.39%	36.37%	37.40%	41.27%	34.70%
D&A For EBITDA	130.83	101	96.76	92.45	87.44	87.42
EBIT	953.41	897.2	823.9	676.31	478.55	327.43
EBIT Margin	43.36%	42.60%	32.55%	32.90%	34.89%	27.39%
Effective Tax Rate	23.61%	23.83%	28.46%	23.58%	20.58%	20.57%
Revenue as Reported	2,106	2,106	2,531	2,056	1,371	1,195

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