Wilmar International Ltd
SGX:F34
Income Statement
Earnings Waterfall
Wilmar International Ltd
Revenue
|
67.2B
USD
|
Cost of Revenue
|
-61.9B
USD
|
Gross Profit
|
5.3B
USD
|
Operating Expenses
|
-2.8B
USD
|
Operating Income
|
2.4B
USD
|
Other Expenses
|
-900.7m
USD
|
Net Income
|
1.5B
USD
|
Income Statement
Wilmar International Ltd
Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | 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 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
44 711
N/A
|
45 646
+2%
|
46 105
+1%
|
45 359
-2%
|
45 463
+0%
|
45 193
-1%
|
44 599
-1%
|
44 087
-1%
|
44 086
0%
|
44 154
+0%
|
44 246
+0%
|
43 930
-1%
|
43 085
-2%
|
42 228
-2%
|
40 995
-3%
|
40 123
-2%
|
38 777
-3%
|
38 368
-1%
|
38 450
+0%
|
38 885
+1%
|
41 402
+6%
|
42 968
+4%
|
44 200
+3%
|
44 245
+0%
|
43 574
-2%
|
44 141
+1%
|
44 293
+0%
|
44 583
+1%
|
44 498
0%
|
43 805
-2%
|
42 836
-2%
|
42 580
-1%
|
42 641
+0%
|
45 072
+6%
|
50 527
+12%
|
57 403
+14%
|
65 794
+15%
|
72 393
+10%
|
73 399
+1%
|
69 803
-5%
|
67 155
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(40 839)
|
(41 840)
|
(42 407)
|
(41 622)
|
(41 572)
|
(41 260)
|
(40 832)
|
(40 363)
|
(40 360)
|
(40 447)
|
(40 451)
|
(40 167)
|
(39 268)
|
(38 480)
|
(37 330)
|
(36 230)
|
(34 867)
|
(34 354)
|
(34 654)
|
(35 212)
|
(37 391)
|
(38 941)
|
(40 029)
|
(40 122)
|
(39 807)
|
(40 426)
|
(40 121)
|
(40 187)
|
(40 107)
|
(39 330)
|
(38 535)
|
(38 284)
|
(38 154)
|
(39 976)
|
(44 929)
|
(51 005)
|
(58 602)
|
(64 844)
|
(65 923)
|
(63 185)
|
(61 882)
|
|
Gross Profit |
3 871
N/A
|
3 806
-2%
|
3 697
-3%
|
3 737
+1%
|
3 891
+4%
|
3 932
+1%
|
3 767
-4%
|
3 723
-1%
|
3 725
+0%
|
3 706
-1%
|
3 793
+2%
|
3 761
-1%
|
3 817
+1%
|
3 748
-2%
|
3 666
-2%
|
3 895
+6%
|
3 909
+0%
|
4 016
+3%
|
3 798
-5%
|
3 674
-3%
|
4 011
+9%
|
4 027
+0%
|
4 171
+4%
|
4 123
-1%
|
3 767
-9%
|
3 715
-1%
|
4 172
+12%
|
4 396
+5%
|
4 390
0%
|
4 474
+2%
|
4 301
-4%
|
4 296
0%
|
4 486
+4%
|
5 096
+14%
|
5 598
+10%
|
6 398
+14%
|
7 191
+12%
|
7 549
+5%
|
7 476
-1%
|
6 618
-11%
|
5 273
-20%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 911)
|
(1 734)
|
(1 866)
|
(1 943)
|
(2 275)
|
(2 276)
|
(2 059)
|
(2 052)
|
(2 055)
|
(2 199)
|
(2 332)
|
(2 326)
|
(2 253)
|
(2 247)
|
(2 130)
|
(2 411)
|
(2 292)
|
(2 617)
|
(2 836)
|
(2 598)
|
(2 408)
|
(2 644)
|
(2 519)
|
(2 573)
|
(2 323)
|
(2 430)
|
(2 494)
|
(2 553)
|
(2 584)
|
(2 591)
|
(2 598)
|
(2 541)
|
(2 557)
|
(2 914)
|
(3 315)
|
(3 869)
|
(4 450)
|
(4 343)
|
(4 165)
|
(4 054)
|
(2 848)
|
|
Selling, General & Administrative |
(2 524)
|
(2 496)
|
(2 463)
|
(2 402)
|
(2 377)
|
(2 387)
|
(2 324)
|
(2 298)
|
(2 301)
|
(2 287)
|
(2 310)
|
(2 366)
|
(2 358)
|
(2 395)
|
(2 303)
|
(2 324)
|
(2 375)
|
(2 408)
|
(2 511)
|
(2 445)
|
(2 492)
|
(2 445)
|
(2 443)
|
(2 503)
|
(2 514)
|
(2 568)
|
(2 600)
|
(2 641)
|
(2 634)
|
(2 630)
|
(2 626)
|
(2 611)
|
(2 674)
|
(3 008)
|
(3 473)
|
(4 051)
|
(4 509)
|
(4 611)
|
(4 410)
|
(4 162)
|
(3 257)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
615
|
762
|
597
|
459
|
103
|
111
|
265
|
246
|
245
|
88
|
(22)
|
40
|
106
|
148
|
173
|
(87)
|
84
|
(209)
|
(325)
|
(153)
|
84
|
(199)
|
(76)
|
(70)
|
192
|
138
|
106
|
88
|
51
|
39
|
28
|
71
|
117
|
95
|
158
|
183
|
59
|
268
|
245
|
109
|
409
|
|
Operating Income |
1 960
N/A
|
2 071
+6%
|
1 830
-12%
|
1 792
-2%
|
1 615
-10%
|
1 655
+2%
|
1 707
+3%
|
1 670
-2%
|
1 668
0%
|
1 505
-10%
|
1 460
-3%
|
1 434
-2%
|
1 564
+9%
|
1 500
-4%
|
1 534
+2%
|
1 482
-3%
|
1 618
+9%
|
1 397
-14%
|
961
-31%
|
1 076
+12%
|
1 603
+49%
|
1 384
-14%
|
1 653
+19%
|
1 551
-6%
|
1 444
-7%
|
1 286
-11%
|
1 678
+30%
|
1 843
+10%
|
1 807
-2%
|
1 883
+4%
|
1 703
-10%
|
1 755
+3%
|
1 929
+10%
|
2 182
+13%
|
2 283
+5%
|
2 530
+11%
|
2 741
+8%
|
3 205
+17%
|
3 311
+3%
|
2 564
-23%
|
2 425
-5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(41)
|
(75)
|
(87)
|
(90)
|
(55)
|
12
|
60
|
78
|
85
|
88
|
55
|
107
|
(26)
|
159
|
154
|
124
|
(213)
|
57
|
52
|
16
|
(229)
|
(9)
|
(53)
|
(48)
|
169
|
(16)
|
8
|
(33)
|
(70)
|
(118)
|
(192)
|
(224)
|
(249)
|
(157)
|
22
|
79
|
3
|
(72)
|
(180)
|
(314)
|
(429)
|
|
Non-Reccuring Items |
263
|
0
|
0
|
0
|
29
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(25)
|
0
|
0
|
0
|
(73)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
(10)
|
(125)
|
0
|
0
|
0
|
18
|
0
|
6
|
0
|
21
|
0
|
(14)
|
0
|
(3)
|
|
Total Other Income |
(104)
|
(31)
|
(92)
|
80
|
65
|
15
|
48
|
65
|
31
|
(30)
|
(2)
|
(36)
|
0
|
(31)
|
(30)
|
(104)
|
0
|
(50)
|
(57)
|
29
|
0
|
42
|
65
|
109
|
0
|
163
|
105
|
60
|
0
|
(136)
|
(108)
|
(132)
|
0
|
(21)
|
0
|
93
|
0
|
29
|
0
|
(47)
|
(38)
|
|
Pre-Tax Income |
2 078
N/A
|
1 965
-5%
|
1 651
-16%
|
1 783
+8%
|
1 655
-7%
|
1 683
+2%
|
1 816
+8%
|
1 813
0%
|
1 775
-2%
|
1 564
-12%
|
1 514
-3%
|
1 506
-1%
|
1 538
+2%
|
1 629
+6%
|
1 658
+2%
|
1 502
-9%
|
1 379
-8%
|
1 403
+2%
|
956
-32%
|
1 121
+17%
|
1 300
+16%
|
1 418
+9%
|
1 666
+17%
|
1 614
-3%
|
1 563
-3%
|
1 433
-8%
|
1 791
+25%
|
1 859
+4%
|
1 612
-13%
|
1 630
+1%
|
1 403
-14%
|
1 399
0%
|
1 698
+21%
|
2 003
+18%
|
2 311
+15%
|
2 702
+17%
|
2 766
+2%
|
3 162
+14%
|
3 117
-1%
|
2 203
-29%
|
1 956
-11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(379)
|
(409)
|
(374)
|
(413)
|
(333)
|
(310)
|
(342)
|
(336)
|
(384)
|
(338)
|
(328)
|
(317)
|
(314)
|
(328)
|
(333)
|
(334)
|
(282)
|
(283)
|
(254)
|
(289)
|
(206)
|
(225)
|
(206)
|
(176)
|
(282)
|
(279)
|
(352)
|
(366)
|
(350)
|
(319)
|
(264)
|
(298)
|
(372)
|
(485)
|
(620)
|
(794)
|
(700)
|
(680)
|
(547)
|
(326)
|
(298)
|
|
Income from Continuing Operations |
1 699
|
1 555
|
1 276
|
1 368
|
1 320
|
1 371
|
1 472
|
1 476
|
1 390
|
1 226
|
1 186
|
1 189
|
1 224
|
1 301
|
1 325
|
1 168
|
1 097
|
1 120
|
702
|
832
|
1 094
|
1 192
|
1 459
|
1 437
|
1 280
|
1 155
|
1 440
|
1 494
|
1 262
|
1 311
|
1 140
|
1 101
|
1 327
|
1 518
|
1 691
|
1 908
|
2 066
|
2 482
|
2 569
|
1 877
|
1 658
|
|
Income to Minority Interest |
(98)
|
(85)
|
(82)
|
(90)
|
(65)
|
(57)
|
(56)
|
(49)
|
(71)
|
(60)
|
(68)
|
(64)
|
(68)
|
(74)
|
(76)
|
(75)
|
(74)
|
(91)
|
(86)
|
(91)
|
(121)
|
(118)
|
(106)
|
(108)
|
0
|
(97)
|
(124)
|
(112)
|
(112)
|
(94)
|
(69)
|
(74)
|
(59)
|
(79)
|
(157)
|
(234)
|
(176)
|
(177)
|
(167)
|
(89)
|
(133)
|
|
Net Income (Common) |
1 601
N/A
|
1 470
-8%
|
1 194
-19%
|
1 279
+7%
|
1 256
-2%
|
1 315
+5%
|
1 417
+8%
|
1 427
+1%
|
1 319
-8%
|
1 166
-12%
|
1 118
-4%
|
1 124
+1%
|
1 156
+3%
|
1 226
+6%
|
1 248
+2%
|
1 094
-12%
|
1 023
-6%
|
1 030
+1%
|
617
-40%
|
741
+20%
|
972
+31%
|
1 075
+11%
|
1 354
+26%
|
1 330
-2%
|
1 196
-10%
|
1 057
-12%
|
1 314
+24%
|
1 352
+3%
|
1 125
-17%
|
1 178
+5%
|
1 013
-14%
|
1 054
+4%
|
1 293
+23%
|
1 518
+17%
|
1 534
+1%
|
1 674
+9%
|
1 890
+13%
|
2 304
+22%
|
2 402
+4%
|
1 788
-26%
|
1 525
-15%
|
|
EPS (Diluted) |
0.25
N/A
|
0.23
-8%
|
0.19
-17%
|
0.2
+5%
|
0.19
-5%
|
0.2
+5%
|
0.21
+5%
|
0.22
+5%
|
0.21
-5%
|
0.19
-10%
|
0.19
N/A
|
0.19
N/A
|
0.18
-5%
|
0.2
+11%
|
0.2
N/A
|
0.17
-15%
|
0.16
-6%
|
0.16
N/A
|
0.1
-38%
|
0.12
+20%
|
0.15
+25%
|
0.17
+13%
|
0.21
+24%
|
0.21
N/A
|
0.2
-5%
|
0.17
-15%
|
0.21
+24%
|
0.22
+5%
|
0.18
-18%
|
0.19
+6%
|
0.17
-11%
|
0.16
-6%
|
0.2
+25%
|
0.23
+15%
|
0.24
+4%
|
0.26
+8%
|
0.3
+15%
|
0.37
+23%
|
0.38
+3%
|
0.29
-24%
|
0.24
-17%
|