Kenanga Investment Bank Berhad (KLSE:KENANGA)

KLSE:KENANGA 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	276.89	268.51	256.94	222.54	210.37	218.92
Total Interest Expense	201.92	199.58	162.07	112.81	99.56	120.51
Net Interest Income	74.98	68.93	94.86	109.73	110.81	98.41
Gain on Sale of Investments (Rev)	125.73	125.73	56.55	23.86	1.57	11.22
Other Revenue	529.89	577.42	476.42	452.2	647.19	698.5
Revenue Before Loan Losses	730.6	772.08	627.83	585.79	759.58	808.13
Provision for Loan Losses	54.28	54.28	5.53	3.92	1.9	5.85
Revenue	676.32	717.8	622.3	581.87	757.68	802.28
Revenue Growth (YoY)	2.33%	15.35%	6.95%	-23.20%	-5.56%	79.22%
Salaries & Employee Benefits	253.47	257.03	237.97	221.84	247.13	231.44
Cost of Services Provided	329.45	358.93	304.36	285.37	375.55	443.39
Other Operating Expenses	-2.65	-2.65	-1.34	-7.36	-2.6	-1.45
Total Operating Expenses	595.93	636.04	563.54	525.7	645.38	697.3
Operating Income	80.4	81.76	58.76	56.17	112.3	104.98
Currency Exchange Gains	12.41	10.82	10.52	8.12	10.79	9.31
Other Non-Operating Income (Expenses)	9.13	13.54	11.05	8.89	6.76	7.62
EBT Excluding Unusual Items	97.32	116.77	86.6	74.04	143.45	134.69
Gain (Loss) on Sale of Investments	2.05	0.48	-	-	-	-
Pretax Income	99.39	117.25	88.11	74.15	148.24	134.72
Income Tax Expense	23.78	21.49	15.36	18.8	29.42	32.43
Earnings From Continuing Ops.	75.61	95.76	72.75	55.35	118.82	102.29
Minority Interest in Earnings	-	-	-0.11	-0.84	-0.43	-0.2
Net Income	75.61	95.76	72.64	54.51	118.39	102.08
Net Income to Common	75.61	95.76	72.64	54.51	118.39	102.08
Net Income Growth	-2.94%	31.82%	33.26%	-53.96%	15.97%	286.88%
Shares Outstanding (Basic)	728	727	723	727	727	701
Shares Outstanding (Diluted)	728	727	725	731	743	720
Shares Change (YoY)	0.22%	0.19%	-0.78%	-1.55%	3.19%	3.00%
EPS (Basic)	0.10	0.13	0.10	0.08	0.16	0.15
EPS (Diluted)	0.10	0.13	0.10	0.07	0.16	0.14
EPS Growth	-3.14%	31.65%	34.18%	-53.20%	12.41%	275.49%
Free Cash Flow	-29.79	425.87	427.58	-284.75	32.69	-590.36
Free Cash Flow Per Share	-0.04	0.59	0.59	-0.39	0.04	-0.82
Dividend Per Share	0.080	0.080	0.070	0.060	0.040	0.040
Dividend Growth	14.29%	14.29%	16.67%	50.00%	-	23.08%
Operating Margin	11.89%	11.39%	9.44%	9.65%	14.82%	13.08%
Profit Margin	11.18%	13.34%	11.67%	9.37%	15.63%	12.72%
Free Cash Flow Margin	-4.41%	59.33%	68.71%	-48.94%	4.32%	-73.59%
Effective Tax Rate	23.93%	18.33%	17.43%	25.35%	19.85%	24.07%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.