November 17, 2025
Stanley Motta Limited (SML)
Unaudited financials for the nine months ended September 30, 2025:
Stanley Motta Limited (SML), for the nine months ended September 30, 2025, reported a 32% increase in revenue, totaling $556.76 million, compared to $420.47 million in the corresponding period last year. Revenue for the third quarter surged by 179%, closing at $386.02 million versus $138.50 million for the comparable quarter of 2024.
Other Operating Income declined by 61% to $1.92 million, compared to $4.93 million for the nine months ended September 30, 2024. For the third quarter, the company recorded $964,000 in other operating income versus $646,000 reported for the similar quarter of 2024.
Year to date, Administrative Expenses rose by 40%, closing at $216.58 million (2024: $155.10 million). Consequently, Operating Profit increased by 27%, moving from $270.31 million in 2024 to $342.09 million in the period under review. Finance Costs for the nine months ended September 30, 2025, amounted to $71.69 million, a 7% increase relative to $66.95 million reported in 2024.
Profit Before Taxation for the nine months ended September 30, 2025, totaled $270.40 million, a 33% increase compared to $203.36 million reported in 2024. For the third quarter, profit before taxation was $198.98 million (2024: $68.85 million). Taxation amounted to $14.46 million, a 162% increase from $5.52 million in the corresponding period last year.
Net Profit for the nine months ended September 30, 2025, stood at $255.94 million, up 29% from $197.84 million reported in 2024. For the third quarter, net profit was $184.52 million (2024: $66.64 million).
Currency Translation Difference on the net assets of the foreign subsidiary decreased by 16%, reaching $23.52 million (2024: $28.05 million). Total Comprehensive Income for the nine months amounted to $279.46 million, a 24% increase from $225.89 million reported in 2024. For the third quarter, total comprehensive income was $208.04 million (2024: $84.85 million).
Consequently, Earnings Per Share for the nine months amounted to $0.34 (2024: EPS: $0.26), while Earnings Per Share for the quarter totaled $0.24 (2024: EPS: $0.09). The twelve-month trailing EPS was $1.55 and the number of shares used in these calculations was 757,828,490.
Notably, SML’s stock price closed the trading period on November 17, 2025 at a price of $6.27 with a corresponding P/E ratio of 4.05x.
Balance Sheet Highlights
The company’s assets totaled $12.18 billion (2024: $10.56 billion). The movement in total assets was primarily due to a 13% increase in ‘Investment Properties’ amounting to $11.57 billion (2024: $10.24 billion).
Shareholder’s equity was $8.62 billion (2024: $7.83 billion), representing a book value per share of $11.38 (2024: $10.33).
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