TH Plantations Bhd
KLSE:THPLANT
Income Statement
Earnings Waterfall
TH Plantations Bhd
Revenue
|
752m
MYR
|
Cost of Revenue
|
-595.9m
MYR
|
Gross Profit
|
156.1m
MYR
|
Operating Expenses
|
-26.4m
MYR
|
Operating Income
|
129.8m
MYR
|
Other Expenses
|
-100.7m
MYR
|
Net Income
|
29.1m
MYR
|
Income Statement
TH Plantations Bhd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | 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 |
470
N/A
|
505
+7%
|
541
+7%
|
545
+1%
|
489
-10%
|
447
-9%
|
425
-5%
|
425
+0%
|
455
+7%
|
463
+2%
|
485
+5%
|
522
+8%
|
562
+8%
|
639
+14%
|
661
+4%
|
680
+3%
|
688
+1%
|
643
-6%
|
627
-3%
|
578
-8%
|
519
-10%
|
513
-1%
|
481
-6%
|
476
-1%
|
494
+4%
|
494
+0%
|
515
+4%
|
547
+6%
|
555
+2%
|
571
+3%
|
619
+8%
|
658
+6%
|
761
+16%
|
828
+9%
|
902
+9%
|
909
+1%
|
881
-3%
|
830
-6%
|
752
-9%
|
755
+0%
|
752
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(354)
|
(381)
|
(406)
|
(418)
|
(399)
|
(379)
|
(379)
|
(389)
|
(417)
|
(426)
|
(444)
|
(462)
|
(484)
|
(508)
|
(506)
|
(512)
|
(502)
|
(482)
|
(480)
|
(469)
|
(484)
|
(488)
|
(473)
|
(457)
|
(414)
|
(397)
|
(387)
|
(389)
|
(388)
|
(404)
|
(432)
|
(453)
|
(501)
|
(547)
|
(611)
|
(642)
|
(631)
|
(609)
|
(580)
|
(581)
|
(596)
|
|
Gross Profit |
116
N/A
|
124
+6%
|
136
+10%
|
127
-7%
|
90
-29%
|
68
-24%
|
46
-33%
|
36
-21%
|
38
+6%
|
37
-4%
|
41
+11%
|
60
+46%
|
79
+32%
|
131
+67%
|
155
+19%
|
169
+9%
|
186
+10%
|
162
-13%
|
147
-9%
|
110
-25%
|
35
-68%
|
26
-27%
|
8
-68%
|
19
+135%
|
79
+317%
|
98
+23%
|
128
+31%
|
158
+24%
|
167
+6%
|
167
0%
|
188
+13%
|
205
+9%
|
259
+27%
|
281
+8%
|
291
+4%
|
268
-8%
|
250
-7%
|
221
-12%
|
171
-22%
|
174
+2%
|
156
-10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(24)
|
(22)
|
(20)
|
(20)
|
(8)
|
4
|
14
|
16
|
(2)
|
(14)
|
(20)
|
(21)
|
97
|
107
|
99
|
86
|
(63)
|
(60)
|
(68)
|
(66)
|
(97)
|
(52)
|
(48)
|
(42)
|
(15)
|
(15)
|
(13)
|
(30)
|
(44)
|
(33)
|
(34)
|
(18)
|
(37)
|
(38)
|
(39)
|
(33)
|
(57)
|
(47)
|
(33)
|
(42)
|
(26)
|
|
Selling, General & Administrative |
(18)
|
(17)
|
(17)
|
(17)
|
(18)
|
(17)
|
(18)
|
(17)
|
(19)
|
(19)
|
(17)
|
(19)
|
(13)
|
(24)
|
(32)
|
(41)
|
(60)
|
(69)
|
(70)
|
(70)
|
(48)
|
(48)
|
(44)
|
(38)
|
(31)
|
(31)
|
(30)
|
(46)
|
(30)
|
(45)
|
(45)
|
(30)
|
(31)
|
(32)
|
(34)
|
(36)
|
(42)
|
(41)
|
(39)
|
(38)
|
(39)
|
|
Depreciation & Amortization |
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
(3)
|
(4)
|
0
|
(3)
|
(2)
|
(3)
|
0
|
(5)
|
(6)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
(5)
|
(5)
|
(2)
|
(2)
|
10
|
22
|
33
|
34
|
16
|
7
|
(2)
|
(2)
|
110
|
131
|
131
|
127
|
(3)
|
10
|
4
|
5
|
(49)
|
(2)
|
(1)
|
0
|
15
|
19
|
19
|
19
|
(15)
|
17
|
17
|
12
|
(7)
|
(5)
|
(5)
|
2
|
(15)
|
(6)
|
6
|
(3)
|
12
|
|
Operating Income |
93
N/A
|
101
+10%
|
116
+15%
|
107
-8%
|
82
-23%
|
73
-11%
|
60
-18%
|
52
-13%
|
36
-31%
|
23
-36%
|
20
-11%
|
38
+88%
|
176
+358%
|
238
+35%
|
255
+7%
|
255
0%
|
123
-52%
|
102
-17%
|
79
-22%
|
43
-45%
|
(62)
N/A
|
(27)
+57%
|
(40)
-52%
|
(23)
+43%
|
64
N/A
|
83
+30%
|
115
+39%
|
128
+11%
|
123
-4%
|
134
+9%
|
154
+15%
|
188
+22%
|
222
+18%
|
243
+9%
|
253
+4%
|
234
-7%
|
193
-18%
|
174
-10%
|
138
-21%
|
132
-4%
|
130
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(21)
|
(23)
|
(24)
|
(23)
|
(24)
|
(26)
|
(25)
|
(21)
|
(17)
|
(15)
|
(13)
|
(14)
|
(49)
|
(59)
|
(69)
|
(80)
|
(61)
|
(61)
|
(61)
|
(61)
|
(66)
|
(71)
|
(76)
|
(81)
|
(75)
|
(87)
|
(91)
|
(94)
|
(70)
|
(77)
|
(68)
|
(67)
|
(78)
|
(80)
|
(82)
|
(76)
|
(69)
|
(63)
|
(56)
|
(56)
|
(49)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(8)
|
(14)
|
0
|
(20)
|
5
|
16
|
(1)
|
12
|
(0)
|
(14)
|
(550)
|
(591)
|
(603)
|
(641)
|
(234)
|
(252)
|
(226)
|
(150)
|
1
|
37
|
25
|
12
|
(7)
|
(10)
|
(42)
|
(66)
|
2
|
(6)
|
19
|
29
|
5
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
71
N/A
|
78
+10%
|
92
+18%
|
83
-10%
|
58
-30%
|
47
-19%
|
35
-26%
|
31
-11%
|
19
-39%
|
3
-86%
|
(1)
N/A
|
10
N/A
|
127
+1 173%
|
159
+25%
|
190
+20%
|
190
0%
|
61
-68%
|
53
-14%
|
17
-67%
|
(32)
N/A
|
(678)
-2 039%
|
(689)
-2%
|
(720)
-5%
|
(745)
-3%
|
(245)
+67%
|
(257)
-5%
|
(202)
+21%
|
(115)
+43%
|
54
N/A
|
94
+73%
|
111
+17%
|
132
+20%
|
138
+4%
|
152
+10%
|
128
-16%
|
93
-28%
|
126
+36%
|
106
-16%
|
101
-5%
|
105
+5%
|
86
-18%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
6
|
1
|
3
|
9
|
1
|
10
|
2
|
2
|
5
|
7
|
13
|
13
|
23
|
14
|
4
|
(1)
|
(30)
|
(30)
|
(22)
|
(14)
|
20
|
17
|
22
|
29
|
(28)
|
(21)
|
(39)
|
(62)
|
(27)
|
(34)
|
(31)
|
(37)
|
(36)
|
(43)
|
(43)
|
(30)
|
(38)
|
(31)
|
(31)
|
(30)
|
(26)
|
|
Income from Continuing Operations |
77
|
79
|
95
|
92
|
60
|
57
|
36
|
33
|
24
|
9
|
13
|
24
|
150
|
173
|
194
|
189
|
31
|
22
|
(5)
|
(45)
|
(658)
|
(671)
|
(698)
|
(716)
|
(273)
|
(277)
|
(241)
|
(177)
|
27
|
60
|
79
|
95
|
102
|
109
|
86
|
62
|
88
|
75
|
70
|
75
|
60
|
|
Income to Minority Interest |
(13)
|
(13)
|
(16)
|
(17)
|
(11)
|
(7)
|
(2)
|
(4)
|
38
|
39
|
38
|
40
|
(3)
|
(9)
|
(12)
|
(11)
|
(9)
|
(7)
|
(5)
|
1
|
64
|
65
|
73
|
79
|
47
|
47
|
38
|
22
|
(13)
|
(20)
|
(20)
|
(25)
|
(31)
|
(32)
|
(26)
|
(15)
|
(19)
|
(16)
|
(16)
|
(18)
|
(13)
|
|
Net Income (Common) |
63
N/A
|
66
+4%
|
79
+20%
|
76
-4%
|
48
-36%
|
49
+2%
|
34
-31%
|
28
-17%
|
62
+120%
|
48
-22%
|
51
+5%
|
64
+26%
|
147
+130%
|
164
+12%
|
182
+11%
|
178
-2%
|
22
-87%
|
16
-30%
|
(10)
N/A
|
(45)
-352%
|
(595)
-1 230%
|
(606)
-2%
|
(625)
-3%
|
(637)
-2%
|
(226)
+64%
|
(230)
-2%
|
(203)
+12%
|
(155)
+23%
|
14
N/A
|
41
+190%
|
59
+45%
|
70
+19%
|
70
+0%
|
77
+9%
|
60
-22%
|
48
-21%
|
60
+25%
|
45
-24%
|
36
-20%
|
35
-3%
|
29
-17%
|
|
EPS (Diluted) |
0.07
N/A
|
0.08
+14%
|
0.09
+13%
|
0.08
-11%
|
0.05
-38%
|
0.05
N/A
|
0.04
-20%
|
0.04
N/A
|
0.07
+75%
|
0.06
-14%
|
0.06
N/A
|
0.07
+17%
|
0.17
+143%
|
0.18
+6%
|
0.2
+11%
|
0.2
N/A
|
0.03
-85%
|
0.02
-33%
|
-0.01
N/A
|
-0.05
-400%
|
-0.67
-1 240%
|
-0.68
-1%
|
-0.7
-3%
|
-0.72
-3%
|
-0.26
+64%
|
-0.26
N/A
|
-0.23
+12%
|
-0.17
+26%
|
0.02
N/A
|
0.05
+150%
|
0.07
+40%
|
0.08
+14%
|
0.08
N/A
|
0.08
N/A
|
0.06
-25%
|
0.05
-17%
|
0.07
+40%
|
0.06
-14%
|
0.05
-17%
|
0.04
-20%
|
0.03
-25%
|