Al-Abbas Sugar Mills Limited (PSX: AABS)

Al-Abbas Sugar Mills Income Statement

Financials in millions PKR. Fiscal year is October - September.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Operating Revenue	16,815	14,569	10,362	7,421	8,154	7,165
Other Revenue	-	-	-	-	-26.91	39.61
Revenue	16,815	14,569	10,362	7,421	8,127	7,204
Revenue Growth (YoY)	25.85%	40.60%	39.63%	-8.68%	12.80%	-4.54%
Cost of Revenue	11,934	9,597	8,026	6,294	6,050	5,401
Gross Profit	4,881	4,972	2,336	1,128	2,076	1,803
Selling, General & Admin	1,327	568.26	297.35	264.54	427.58	495.44
Other Operating Expenses	196.54	232.09	33.57	69.91	375.61	115.65
Operating Expenses	1,523	800.35	330.93	334.45	803.19	611.09
Operating Income	3,358	4,171	2,005	793.28	1,273	1,192
Interest Expense	-492.57	-366.35	-160.09	-78.07	-47.2	-58.45
Interest & Investment Income	183.89	183.89	70.6	61.01	135.37	50.48
Currency Exchange Gain (Loss)	5.71	5.71	-44.58	-12.06	-0.5	-
Other Non Operating Income (Expenses)	112.02	9.28	-5.49	65.73	-1.08	14.37
EBT Excluding Unusual Items	3,167	4,004	1,866	829.88	1,360	1,199
Gain (Loss) on Sale of Assets	0.33	0.33	-0.02	4.37	3.31	2.42
Other Unusual Items	-	-	-	0.47	7.05	-
Pretax Income	3,167	4,004	2,050	834.72	1,370	1,201
Income Tax Expense	450.74	319.66	136.56	82.79	125.89	89.25
Net Income	2,717	3,685	1,914	751.93	1,244	1,112
Net Income to Common	2,717	3,685	1,914	751.93	1,244	1,112
Net Income Growth	-22.78%	92.54%	154.50%	-39.57%	11.90%	-14.05%
Shares Outstanding (Basic)	17	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17	17
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	156.47	212.22	110.22	43.31	71.67	64.05
EPS (Diluted)	156.47	212.22	110.22	43.31	71.67	64.05
EPS Growth	-22.78%	92.54%	154.50%	-39.57%	11.90%	-14.05%
Free Cash Flow	649.78	2,420	233.06	-1,430	2,529	1,055
Free Cash Flow Per Share	37.42	139.40	13.42	-82.37	145.64	60.78
Dividend Per Share	56.000	56.000	55.000	40.000	50.000	50.000
Dividend Growth	1.82%	1.82%	37.50%	-20.00%	0%	-5.66%
Gross Margin	29.03%	34.13%	22.55%	15.20%	25.55%	25.03%
Operating Margin	19.97%	28.63%	19.35%	10.69%	15.67%	16.55%
Profit Margin	16.16%	25.29%	18.47%	10.13%	15.31%	15.43%
Free Cash Flow Margin	3.86%	16.61%	2.25%	-19.27%	31.11%	14.65%
EBITDA	3,456	4,269	2,108	902.04	1,387	1,298
EBITDA Margin	20.56%	29.30%	20.34%	12.15%	17.06%	18.01%
D&A For EBITDA	98.39	97.19	102.72	108.76	113.43	105.2
EBIT	3,358	4,171	2,005	793.28	1,273	1,192
EBIT Margin	19.97%	28.63%	19.35%	10.69%	15.67%	16.55%
Effective Tax Rate	14.23%	7.98%	6.66%	9.92%	9.19%	7.43%

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