Dusit Thani Freehold and Leasehold Real Estate Investment Trust (BKK:DREIT)

BKK:DREIT Income Statement

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	547.91	510.64	452.81	495.68	424.37
Other Revenue	1.58	2.48	0.83	2.96	1.99
Total Revenue	556.4	514.5	453.79	498.72	426.69
Revenue Growth (YoY	8.14%	13.38%	-9.01%	16.88%	47.75%
Property Expenses	14.91	14.48	16.98	14.13	13.84
Selling, General & Administrative	16.07	16.7	16.27	15.29	13.72
Other Operating Expenses	8.66	11.83	12.15	12.18	12.21
Total Operating Expenses	39.63	43.02	45.39	41.6	39.78
Operating Income	516.77	471.48	408.4	457.12	386.91
Interest Expense	-115.76	-105.44	-80.04	-73.99	-73.38
Currency Exchange Gain (Loss)	-13.24	-15.98	55.91	178.53	33.21
Other Non-Operating Income	-18.31	-18.2	-17.89	-16.1	-16.9
EBT Excluding Unusual Items	369.45	331.86	366.37	545.56	329.84
Gain (Loss) on Sale of Investments	222.28	-60.52	-46.65	-138.7	-5.93
Pretax Income	591.72	271.34	319.72	406.86	323.91
Income Tax Expense	0.95	1.09	1.04	9.77	3.36
Net Income	590.77	270.25	318.68	397.09	320.55
Net Income to Common	590.77	270.25	318.68	397.09	320.55
Net Income Growth	118.60%	-15.20%	-19.75%	23.88%	162.86%
Basic Shares Outstanding	712	712	712	712	712
Diluted Shares Outstanding	712	712	712	712	712
EPS (Basic)	0.83	0.38	0.45	0.56	0.45
EPS (Diluted)	0.83	0.38	0.45	0.56	0.45
EPS Growth	118.60%	-15.20%	-19.75%	23.88%	162.86%
Dividend Per Share	0.420	0.398	0.576	0.388	0.388
Dividend Growth	5.66%	-30.94%	48.35%	0%	7.66%
Operating Margin	92.88%	91.64%	90.00%	91.66%	90.68%
Profit Margin	106.18%	52.53%	70.23%	79.62%	75.13%
Free Cash Flow Margin	88.31%	115.70%	72.54%	46.40%	29.37%
EBIT	516.77	471.48	408.4	457.12	386.91
EBIT Margin	92.88%	91.64%	90.00%	91.66%	90.68%
Effective Tax Rate	0.16%	0.40%	0.33%	2.40%	1.04%
Revenue as Reported	556.4	514.5	453.79	498.72	426.69

Source: S&P Capital IQ. Real Estate template. Financial Sources.