Solarvest Holdings Bhd
KLSE:SLVEST
Income Statement
Earnings Waterfall
Solarvest Holdings Bhd
Revenue
|
508.9m
MYR
|
Cost of Revenue
|
-419.7m
MYR
|
Gross Profit
|
89.2m
MYR
|
Operating Expenses
|
-40.8m
MYR
|
Operating Income
|
48.4m
MYR
|
Other Expenses
|
-18.7m
MYR
|
Net Income
|
29.8m
MYR
|
Income Statement
Solarvest Holdings Bhd
Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||
Revenue |
245
N/A
|
205
-16%
|
213
+4%
|
224
+5%
|
218
-3%
|
186
-15%
|
164
-12%
|
176
+7%
|
208
+18%
|
276
+33%
|
330
+20%
|
366
+11%
|
456
+25%
|
498
+9%
|
509
+2%
|
|
Gross Profit | ||||||||||||||||
Cost of Revenue |
(209)
|
(168)
|
(176)
|
(183)
|
(176)
|
(147)
|
(126)
|
(141)
|
(166)
|
(224)
|
(272)
|
(301)
|
(385)
|
(420)
|
(420)
|
|
Gross Profit |
35
N/A
|
36
+3%
|
37
+1%
|
41
+12%
|
43
+4%
|
39
-9%
|
38
-4%
|
35
-7%
|
42
+21%
|
52
+22%
|
58
+12%
|
65
+13%
|
72
+10%
|
78
+8%
|
89
+15%
|
|
Operating Income | ||||||||||||||||
Operating Expenses |
(20)
|
(19)
|
(18)
|
(19)
|
(19)
|
(19)
|
(22)
|
(22)
|
(24)
|
(27)
|
(28)
|
(34)
|
(36)
|
(38)
|
(41)
|
|
Selling, General & Administrative |
(20)
|
(21)
|
(21)
|
(20)
|
(20)
|
(21)
|
(22)
|
(24)
|
(26)
|
(29)
|
(30)
|
(35)
|
(37)
|
(40)
|
(43)
|
|
Other Operating Expenses |
2
|
2
|
3
|
1
|
2
|
2
|
1
|
2
|
2
|
2
|
2
|
1
|
2
|
2
|
2
|
|
Operating Income |
15
N/A
|
18
+19%
|
19
+5%
|
22
+19%
|
24
+7%
|
20
-18%
|
16
-20%
|
13
-17%
|
18
+40%
|
25
+35%
|
29
+18%
|
31
+6%
|
36
+16%
|
39
+9%
|
48
+23%
|
|
Pre-Tax Income | ||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(5)
|
(5)
|
(6)
|
|
Non-Reccuring Items |
0
|
(2)
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
Pre-Tax Income |
13
N/A
|
15
+9%
|
17
+16%
|
23
+33%
|
22
-3%
|
18
-20%
|
14
-23%
|
11
-20%
|
16
+46%
|
22
+37%
|
26
+17%
|
28
+8%
|
31
+13%
|
34
+8%
|
42
+24%
|
|
Net Income | ||||||||||||||||
Tax Provision |
(1)
|
(2)
|
(3)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(5)
|
(7)
|
(7)
|
(8)
|
(9)
|
(9)
|
(12)
|
|
Income from Continuing Operations |
13
|
13
|
14
|
16
|
16
|
13
|
10
|
7
|
12
|
16
|
19
|
20
|
22
|
25
|
30
|
|
Income to Minority Interest |
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(1)
|
|
Net Income (Common) |
12
N/A
|
13
+2%
|
14
+8%
|
16
+19%
|
16
-4%
|
13
-19%
|
10
-24%
|
7
-27%
|
11
+59%
|
15
+36%
|
18
+21%
|
20
+8%
|
22
+12%
|
24
+10%
|
30
+22%
|
|
EPS (Diluted) |
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.01
-50%
|
0.01
N/A
|
0.02
+100%
|
0.03
+50%
|
0.04
+33%
|
0.03
-25%
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|