MHC Plantations Bhd. (KLSE:MHC)

MHC Plantations Bhd. 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
Revenue	540.69	503.72	477.44	593.27	599.01	354.74
Revenue Growth (YoY)	11.93%	5.50%	-19.52%	-0.96%	68.86%	15.17%
Cost of Revenue	463.73	444.42	425.46	506.77	488.78	307.41
Gross Profit	76.97	59.3	51.98	86.5	110.23	47.33
Selling, General & Admin	15.63	14.62	14.1	13.86	13.9	12.89
Other Operating Expenses	-21.96	-20.08	-9.95	-9	-4.11	-1.64
Operating Expenses	-6.28	-5.4	4.15	4.86	9.74	11.52
Operating Income	83.25	64.7	47.83	81.64	100.49	35.81
Interest Expense	-2.53	-2.66	-2.14	-2.05	-3.51	-4.78
Interest & Investment Income	2.59	2.59	2.36	1.4	0.57	0.65
Currency Exchange Gain (Loss)	-0.04	-0.04	0.11	0.07	0.06	-0.01
Other Non Operating Income (Expenses)	-0.16	-0.16	0.02	-0.22	-	-0.03
EBT Excluding Unusual Items	83.11	64.42	48.17	80.84	97.6	31.64
Gain (Loss) on Sale of Assets	0.03	0.03	0.02	0.11	-	-0.24
Asset Writedown	-3.9	-3.9	-0.07	-0.51	-0.93	-0.21
Other Unusual Items	-	-	-	-	0.02	-
Pretax Income	79.24	60.55	48.12	80.44	96.69	31.2
Income Tax Expense	24.3	19.47	14.44	24.77	19.69	8.69
Earnings From Continuing Operations	54.94	41.08	33.68	55.66	77.01	22.5
Minority Interest in Earnings	-14.99	-12.37	-11.66	-21.04	-34.91	-8.83
Net Income	39.95	28.71	22.03	34.62	42.1	13.67
Net Income to Common	39.95	28.71	22.03	34.62	42.1	13.67
Net Income Growth	58.15%	30.34%	-36.37%	-17.76%	207.89%	446.81%
Shares Outstanding (Basic)	197	197	197	197	197	197
Shares Outstanding (Diluted)	197	197	197	197	197	197
EPS (Basic)	0.20	0.15	0.11	0.18	0.21	0.07
EPS (Diluted)	0.20	0.15	0.11	0.18	0.21	0.07
EPS Growth	58.15%	30.34%	-36.37%	-17.76%	207.89%	446.81%
Free Cash Flow	71.96	45.72	42.51	68.52	104.71	35.93
Free Cash Flow Per Share	0.37	0.23	0.22	0.35	0.53	0.18
Dividend Per Share	0.030	0.030	0.030	0.020	0.020	0.015
Dividend Growth	-	-	50.00%	-	33.33%	-
Gross Margin	14.24%	11.77%	10.89%	14.58%	18.40%	13.34%
Operating Margin	15.40%	12.84%	10.02%	13.76%	16.78%	10.09%
Profit Margin	7.39%	5.70%	4.61%	5.84%	7.03%	3.85%
Free Cash Flow Margin	13.31%	9.08%	8.90%	11.55%	17.48%	10.13%
EBITDA	115.75	97.02	78.67	111.27	130.29	65.79
EBITDA Margin	21.41%	19.26%	16.48%	18.75%	21.75%	18.55%
D&A For EBITDA	32.51	32.32	30.84	29.63	29.8	29.98
EBIT	83.25	64.7	47.83	81.64	100.49	35.81
EBIT Margin	15.40%	12.84%	10.02%	13.76%	16.78%	10.09%
Effective Tax Rate	30.67%	32.15%	30.00%	30.80%	20.36%	27.87%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.