SGX:8C8U 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Rental Revenue	166.99	160.73	128.06	105.06
Total Revenue	166.94	160.73	128.06	105.06
Revenue Growth (YoY	-	25.52%	21.89%	-
Property Expenses	49.44	47.93	42.23	37.45
Selling, General & Administrative	19.72	19.49	14.74	7.88
Total Operating Expenses	69.16	67.42	56.97	45.33
Operating Income	97.78	93.31	71.09	59.73
Interest Expense	-17.23	-17.04	-16.79	-17.08
Interest & Investment Income	0.6	0.6	0.74	0.2
Other Non-Operating Income	-0.22	-0.21	-0.17	-8.2
EBT Excluding Unusual Items	80.94	76.67	54.87	34.65
Asset Writedown	-	-	-	-31.5
Pretax Income	80.94	76.67	54.87	3.15
Income Tax Expense	3.22	3.13	2.24	2.11
Net Income	77.71	73.54	52.63	1.03
Net Income to Common	77.71	73.54	52.63	1.03
Net Income Growth	-	39.73%	4994.68%	-
Basic Shares Outstanding	1,719	1,719	-	-
Diluted Shares Outstanding	1,719	1,719	-	-
EPS (Basic)	0.05	0.04	-	-
EPS (Diluted)	0.05	0.04	-	-
Operating Margin	58.57%	58.05%	55.52%	56.85%
Profit Margin	46.55%	45.75%	41.10%	0.98%
EBIT	97.78	93.31	71.09	59.73
EBIT Margin	58.57%	58.05%	55.52%	56.85%
Effective Tax Rate	3.98%	4.08%	4.09%	67.16%

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