The financial report for the latest quarter (period ended on
30.06.2012) has been announced. Below is some analysis I’ve done to compare the
performance of IOI with the other big plantation companies in Malaysia. In this
analysis, I used net profit margin as a basis of comparison in performance. In
this regard, IOI is doing well as compared to others with 11% net profit margin versus 9.3% for KLK, 8.2% for Sime Darby & 6.2% for Felda. Generally, the performance
for all these companies are declining as compared to same quarter 2011 due to
lower CPO price and challenging economic environment. But I would say
plantation based companies are doing well and resilient in challenging
environment as they remain recording healthy profitability quarter after
quarter. I would conclude that plantation industry (and generally agriculture
industry) is recession proof industry as demand for the product remain the same
due to necessity factor. Overall, I'm very happy with IOI performance as compared to the competitors.
Source: Bursa Malaysia
|
|
Felda
|
Sime Darby
|
KLK
|
IOI
|
|
Revenue
|
3,536,387
billion
|
14,122,102
billion
|
2,603,179
billion
|
3,747,510 billion
|
|
Profit
before Taxation
|
301,503
million
|
1,439,744
billion
|
312,859
million
|
528,707 million
|
|
Profit
after Taxation
|
220,157
million
|
1,162,840
billion
|
241,303
million
|
414,440 million
|
|
Net Profit
Margin
|
0.06225
|
0.082342
|
0.092696
|
0.110591
|
|
Net Profit
Margin %
|
6.22548
|
8.234185
|
9.269551
|
11.05908
|
|
|
Felda
|
Sime Darby
|
KLK
|
IOI
|
|
Revenue
|
3.5
Billion
|
14.1
Billion
|
2.6
Billion
|
3.7 Billion
|
|
Profit
before Taxation
|
302
Million
|
1.4
Billion
|
313
Million
|
529 Million
|
|
Profit
after Taxation
|
220
Million
|
1.2
Billion
|
241
Million
|
414 Million
|
|
Net Profit
Margin
|
0.06
|
0.08
|
0.09
|
0.11
|
|
Net Profit
Margin %
|
6.2%
|
8.2%
|
9.3%
|
11%
|
