Revenue
Profit Before Tax
Equity Attributable to Owners of the Company
Total Assets
Earnings
Net Assets
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| STATEMENT OF COMPREHENSIVE INCOME (RM’000) | |||||
| Revenue | 872,937 | 679,625 | 971,677 | 1,702,716 | 1,908,343 |
| EBITDA | 123,495 | 95,249 | 180,511 | 248,149 | 294,680 |
| Profit before tax | 88,234 | 60,389 | 144,551 | 210,331 | 252,443 |
| Profit after tax | 59,690 | 44,989 | 110,621 | 167,042 | 199,684 |
| Net profit attributable to owners of the Company | 52,123 | 41,061 | 94,891 | 136,580 | 162,257 |
| STATEMENT OF FINANCIAL POSITION (RM’000) | |||||
| Paid-up share capital | 318,433 | 318,433 | 318,437 | 369,304 | 371,865 |
| Total shareholders’ equity | 825,852 | 807,026 | 844,158 | 919,425 | 953,700 |
| Equity attributable to owners of the Company | 734,789 | 719,732 | 749,274 | 809,803 | 834,387 |
| Total assets | 983,984 | 975,006 | 1,086,480 | 1,264,343 | 1,263,609 |
| PER SHARE ATTRIBUTABLE TO OWNERS OF THE COMPANY (RM) | |||||
| Earnings | 0.06 | 0.04 | 0.10 | 0.14 | 0.17 |
| Net Assets | 0.79 | 0.77 | 0.80 | 0.84 | 0.86 |
| Gross Dividend | 0.06 | 0.03 | 0.10 | 0.14 | 0.15 |
| Share Price at Year End | 1.25 | 1.26 | 1.36 | 1.70 | 1.79 |
| Weighted Average Number of Share in Issue (‘000) |
933,606 | 933,607 | 933,607 | 947,227 | 966,455 |
| FINANCIAL INDICATORS | |||||
| Return on Equity (%) | 7.23 | 5.57 | 13.10 | 18.17 | 20.94 |
| Return on Total Assets (%) | 6.07 | 4.61 | 10.18 | 13.21 | 15.81 |
| Gearing Ratio (times) | 0.02 | 0.02 | 0.06 | 0.07 | 0.06 |
| Price-Earnings Ratio (times) | 22.40 | 28.64 | 13.39 | 11.79 | 10.66 |
| Interest Coverage Ratio (times) | 83.00 | 86.17 | 144.34 | 109.47 | 106.09 |
| Gross Dividend Yield (%) | 4.80 | 2.38 | 7.35 | 8.24 | 8.38 |
| STATISTICS | |||||
| PLANTATIONS | |||||
| Plantation Area (Ha) | |||||
| Oil palm | |||||
| Mature | 13,943 | 12,874 | 11,765 | 13,032 | 14,259 |
| Immature | 1,003 | 1,635 | 3,092 | 2,907 | 1,681 |
| Under development | - | 438 | 38 | - | - |
| Unplanted land | 328 | 328 | 323 | 323 | 323 |
| Total plantable area | 15,274 | 15,275 | 15,218 | 16,262 | 16,263 |
| Infrastructure and unplantable land | 552 | 551 | 608 | 660 | 659 |
| Total land area | 15,826 | 15,826 | 15,826 | 16,922 | 16,922 |
| Production and Yield | |||||
| Fresh fruit bunches (“FFB”) (MT) | 310,082 | 260,512 | 276,634 | 265,037 | 286,987 |
| Yield per mature hectare (MT/Ha) | 21.78 | 19.20 | 22.41 | 20.59 | 20.84 |
| MILLS | |||||
| Production and Extraction/Recovery Rates | |||||
| Crude palm oil (“CPO”) (MT) | 316,268 | 247,659 | 280,493 | 311,752 | 330,968 |
| Oil extraction rate (% of FFB) | 21.35 | 21.72 | 21.14 | 21.04 | 20.75 |
| Palm kernel (“PK”) (MT) | 75,336 | 60,119 | 69,073 | 75,373 | 81,763 |
| Kernel recovery rate (% of FFB) | 5.08 | 5.27 | 5.21 | 5.09 | 5.13 |
| AVERAGE SELLING PRICE [RM/MT] | |||||
| CPO | 2,169 | 2,118 | 2,755 | 4,488 | 4,898 |
| PK | 1,656 | 1,228 | 1,600 | 3,004 | 2,860 |
GROUP
FINANCIAL HIGHLIGHTS
