Union Gas Holdings Limited (SGX:1F2)

Union Gas Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	127.89	125.55	128.85	134.79	123.04	118.97
Revenue Growth (YoY)	1.56%	-2.56%	-4.41%	9.55%	3.43%	50.97%
Cost of Revenue	79.92	78.14	80.03	100.42	81.93	61.98
Gross Profit	47.97	47.41	48.82	34.38	41.11	56.98
Selling, General & Admin	33.84	32.89	33.6	31.44	34.77	37.67
Other Operating Expenses	0.13	0.1	0.15	0.02	-	-
Operating Expenses	34.02	33.04	33.82	31.45	34.78	37.67
Operating Income	13.95	14.37	15.01	2.92	6.34	19.31
Interest Expense	-1.23	-1.24	-1.37	-0.69	-0.5	-0.31
Interest & Investment Income	0.16	0.16	0.07	0.14	0.14	1.53
Currency Exchange Gain (Loss)	0.01	0.15	-0.09	-0.1	0.08	-0.05
Other Non Operating Income (Expenses)	1.22	1.51	1.16	2.76	2.48	9.51
EBT Excluding Unusual Items	14.09	14.95	14.77	5.04	8.52	29.99
Gain (Loss) on Sale of Assets	0.35	0.35	0.27	0.45	1.94	0.27
Asset Writedown	0.02	0.02	0.01	0.04	0.02	-0.19
Other Unusual Items	-	-	-	-	1.36	2.57
Pretax Income	14.45	15.31	15.05	5.53	17.4	32.63
Income Tax Expense	2.82	2.81	2.83	0.32	2.49	3.75
Earnings From Continuing Operations	11.63	12.5	12.22	5.21	14.91	28.88
Minority Interest in Earnings	0.01	0	-	-	-	-
Net Income	11.64	12.5	12.22	5.21	14.91	28.88
Net Income to Common	11.64	12.5	12.22	5.21	14.91	28.88
Net Income Growth	0.09%	2.28%	134.47%	-65.05%	-48.35%	243.09%
Shares Outstanding (Basic)	318	318	318	318	315	313
Shares Outstanding (Diluted)	318	318	318	318	315	313
Shares Change (YoY)	-0.18%	-0.05%	0.03%	0.99%	0.50%	36.77%
EPS (Basic)	0.04	0.04	0.04	0.02	0.05	0.09
EPS (Diluted)	0.04	0.04	0.04	0.02	0.05	0.09
EPS Growth	0.26%	2.33%	134.41%	-65.39%	-48.61%	150.86%
Free Cash Flow	10.3	11.36	14.02	2.91	-8.63	26.1
Free Cash Flow Per Share	0.03	0.04	0.04	0.01	-0.03	0.08
Dividend Per Share	0.015	0.016	0.015	0.005	0.018	0.030
Dividend Growth	-	8.11%	196.00%	-72.22%	-40.59%	63.78%
Gross Margin	37.51%	37.76%	37.89%	25.50%	33.41%	47.90%
Operating Margin	10.90%	11.45%	11.65%	2.17%	5.15%	16.23%
Profit Margin	9.10%	9.96%	9.49%	3.87%	12.12%	24.27%
Free Cash Flow Margin	8.05%	9.05%	10.88%	2.16%	-7.02%	21.94%
EBITDA	21.3	21.11	22.33	10.49	14.08	25.84
EBITDA Margin	16.66%	16.81%	17.33%	7.78%	11.44%	21.72%
D&A For EBITDA	7.36	6.73	7.32	7.57	7.74	6.52
EBIT	13.95	14.37	15.01	2.92	6.34	19.31
EBIT Margin	10.90%	11.45%	11.65%	2.17%	5.15%	16.23%
Effective Tax Rate	19.53%	18.35%	18.78%	5.71%	14.31%	11.49%

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