OUE Limited Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Other Revenue	624.75	646.5	623.1	491.12	300.81	530.46
Total Revenue	624.75	646.5	623.1	491.12	300.81	530.46
Revenue Growth (YoY	-1.32%	3.75%	26.87%	63.27%	-43.29%	-43.01%
Property Expenses	289.13	291.03	262.65	207.1	144.51	296.05
Selling, General & Administrative	99.53	99.31	98.6	84.06	67.5	88.1
Other Operating Expenses	16.99	17.52	15.62	13.96	7.25	18.89
Total Operating Expenses	405.65	407.85	376.87	305.13	219.26	403.05
Operating Income	219.1	238.65	246.23	186	81.55	127.41
Interest Expense	-138.92	-147.17	-131.46	-117.35	-97.29	-121.83
Interest & Investment Income	11.2	7.55	9.92	6.71	4.14	4.41
Income (Loss) on Equity Investments	-129.81	-176.28	43.2	156.96	231.87	119.28
Currency Exchange Gain (Loss)	-27.04	-14.16	-4.52	-4.83	-9.59	-9.25
Other Non-Operating Income	-6.95	-7.37	-22.58	23.03	-0.17	16.04
EBT Excluding Unusual Items	-72.41	-98.78	140.79	250.5	210.51	136.07
Impairment of Goodwill	-	-	-	-	-	-1.8
Gain (Loss) on Sale of Investments	0.16	-0.59	7.2	-37.41	20.51	-46.44
Gain (Loss) on Sale of Assets	-20.54	-20.54	0.06	-0.51	-	-
Asset Writedown	-154.36	-165.45	4.68	109.6	-92.84	-533.36
Other Unusual Items	94.85	-	-	78.96	0.02	0.26
Pretax Income	-152.31	-285.36	152.73	401.15	138.2	-445.27
Income Tax Expense	13.25	11.92	-12.41	53.88	36.5	-40.49
Earnings From Continuing Operations	-165.56	-297.28	165.14	347.27	101.71	-404.78
Minority Interest in Earnings	12.09	12.18	-82.4	-155.32	-20.77	61.4
Net Income	-153.47	-285.1	82.74	191.95	80.94	-343.38
Preferred Dividends & Other Adjustments	1.66	1.66	1.66	2.09	-	-
Net Income to Common	-155.12	-286.76	81.08	189.86	80.94	-343.38
Net Income Growth	-	-	-56.90%	137.14%	-	-
Basic Shares Outstanding	757	800	847	864	877	899
Diluted Shares Outstanding	757	800	847	864	899	899
Shares Change (YoY)	-10.30%	-5.58%	-1.96%	-3.96%	0.00%	-8.37%
EPS (Basic)	-0.20	-0.36	0.10	0.22	0.09	-0.38
EPS (Diluted)	-0.20	-0.36	0.10	0.22	0.09	-0.38
EPS Growth	-	-	-56.44%	138.75%	-	-
Dividend Per Share	0.020	0.020	0.020	0.025	0.020	0.010
Dividend Growth	-	-	-20.00%	25.00%	100.00%	-50.00%
Operating Margin	35.07%	36.91%	39.52%	37.87%	27.11%	24.02%
Profit Margin	-24.83%	-44.36%	13.01%	38.66%	26.91%	-64.73%
EBITDA	277.62	295.47	298.65	231.07	126.98	174.76
EBITDA Margin	44.44%	45.70%	47.93%	47.05%	42.21%	32.95%
D&A For Ebitda	58.52	56.82	52.43	45.08	45.43	47.35
EBIT	219.1	238.65	246.23	186	81.55	127.41
EBIT Margin	35.07%	36.91%	39.52%	37.87%	27.11%	24.02%
Effective Tax Rate	-	-	-	13.43%	26.41%	-

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.