Sarawak Oil Palms Berhad (KLSE:SOP)

Sarawak Oil Palms Berhad Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,318	5,124	5,308	4,431	2,779
Revenue Growth (YoY)	3.80%	-3.48%	19.80%	59.47%	-6.50%
Cost of Revenue	4,372	4,377	4,272	3,283	2,241
Gross Profit	946.59	746.55	1,036	1,148	537.48
Selling, General & Admin	325.61	351.15	388.6	321.57	187.85
Other Operating Expenses	39.76	-5.12	-22.11	93.34	20.84
Operating Expenses	365.36	346.03	366.5	414.91	208.69
Operating Income	581.23	400.52	669.57	733.38	328.79
Interest Expense	-21.87	-33.49	-29.27	-33.32	-42.25
Interest & Investment Income	53.36	47.09	26.89	16.28	20.86
Earnings From Equity Investments	-0.04	3.07	-2.53	-2.88	-13.96
Currency Exchange Gain (Loss)	2.33	2.39	0.19	0	10.8
Other Non Operating Income (Expenses)	-	-	3.35	-0.94	-2.88
EBT Excluding Unusual Items	615.01	419.59	668.2	712.52	301.35
Gain (Loss) on Sale of Assets	0.92	1.14	0.57	0.47	0.85
Other Unusual Items	0.01	-	0.02	-	-
Pretax Income	615.94	420.72	668.79	712.99	302.2
Income Tax Expense	150.15	106.35	164.54	171.49	82.04
Earnings From Continuing Operations	465.79	314.37	504.25	541.5	220.16
Minority Interest in Earnings	-19.33	-13.51	-24.6	-31.6	-16.04
Net Income	446.46	300.87	479.65	509.9	204.12
Net Income to Common	446.46	300.87	479.65	509.9	204.12
Net Income Growth	48.39%	-37.27%	-5.93%	149.81%	128.17%
Shares Outstanding (Basic)	892	890	878	857	856
Shares Outstanding (Diluted)	894	891	880	860	857
Shares Change (YoY)	0.40%	1.29%	2.34%	0.33%	0.04%
EPS (Basic)	0.50	0.34	0.55	0.59	0.24
EPS (Diluted)	0.50	0.34	0.55	0.59	0.24
EPS Growth	47.79%	-38.07%	-8.08%	148.93%	128.11%
Free Cash Flow	433.12	220.13	619.55	320	301.85
Free Cash Flow Per Share	0.48	0.25	0.70	0.37	0.35
Dividend Per Share	0.080	0.100	0.100	0.067	0.040
Dividend Growth	-20.00%	-	49.93%	66.75%	20.12%
Gross Margin	17.80%	14.57%	19.52%	25.91%	19.34%
Operating Margin	10.93%	7.82%	12.61%	16.55%	11.83%
Profit Margin	8.39%	5.87%	9.04%	11.51%	7.35%
Free Cash Flow Margin	8.14%	4.30%	11.67%	7.22%	10.86%
EBITDA	750.81	570.14	833.47	893.12	469.38
EBITDA Margin	14.12%	11.13%	15.70%	20.16%	16.89%
D&A For EBITDA	169.58	169.62	163.9	159.75	140.6
EBIT	581.23	400.52	669.57	733.38	328.79
EBIT Margin	10.93%	7.82%	12.61%	16.55%	11.83%
Effective Tax Rate	24.38%	25.28%	24.60%	24.05%	27.15%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.