HPC Holdings Income Statement

Financials in millions SGD. Fiscal year is November - October.

Millions SGD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	283.17	169.77	289.24	202.92	188.51
Revenue Growth (YoY)	66.79%	-41.30%	42.54%	7.64%	27.81%
Cost of Revenue	262.59	174.79	276.25	190.82	189.56
Gross Profit	20.58	-5.01	12.99	12.09	-1.05
Selling, General & Admin	14.46	7.97	7.45	6.87	7.47
Other Operating Expenses	-3.49	-3.02	-2.54	-1.55	-0.6
Operating Expenses	10.96	4.95	8.7	16.81	9.87
Operating Income	9.62	-9.96	4.29	-4.72	-10.92
Interest Expense	-0.47	-0.72	-0.71	-0.02	-0.11
Interest & Investment Income	0.89	0.88	0.51	0.13	0.45
Currency Exchange Gain (Loss)	-0.02	-0.02	-0.02	0.03	-0.02
EBT Excluding Unusual Items	10.02	-9.83	4.06	-4.57	-10.6
Gain (Loss) on Sale of Investments	0.11	0.14	0.03	-0.19	-
Gain (Loss) on Sale of Assets	0	0.1	-	0.83	0.75
Other Unusual Items	27.63	0.09	0.07	1.4	3.87
Pretax Income	37.77	-9.5	4.16	-2.53	-5.98
Income Tax Expense	2.44	-1.02	1.05	-2.11	-1.02
Earnings From Continuing Operations	35.33	-8.49	3.1	-0.42	-4.96
Minority Interest in Earnings	0.61	-	0.3	0.26	0.28
Net Income	35.94	-8.49	3.4	-0.17	-4.68
Net Income to Common	35.94	-8.49	3.4	-0.17	-4.68
Shares Outstanding (Basic)	1,600	1,600	1,600	1,600	1,600
Shares Outstanding (Diluted)	1,600	1,600	1,600	1,600	1,600
EPS (Basic)	0.02	-0.01	0.00	-0.00	-0.00
EPS (Diluted)	0.02	-0.01	0.00	-0.00	-0.00
Free Cash Flow	37.19	5.59	24.49	-20.33	-28.66
Free Cash Flow Per Share	0.02	0.00	0.01	-0.01	-0.02
Gross Margin	7.27%	-2.95%	4.49%	5.96%	-0.56%
Operating Margin	3.40%	-5.87%	1.48%	-2.33%	-5.79%
Profit Margin	12.69%	-5.00%	1.18%	-0.08%	-2.48%
Free Cash Flow Margin	13.13%	3.29%	8.47%	-10.02%	-15.20%
EBITDA	14.15	-8.18	5.62	-3.45	-9.34
EBITDA Margin	5.00%	-4.82%	1.94%	-1.70%	-4.96%
D&A For EBITDA	4.53	1.78	1.34	1.26	1.58
EBIT	9.62	-9.96	4.29	-4.72	-10.92
EBIT Margin	3.40%	-5.87%	1.48%	-2.33%	-5.79%
Effective Tax Rate	6.45%	-	25.36%	-	-

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