Hor Kew Corporation Limited (SGX:BBP)

Hor Kew Corporation Income Statement

Financials in millions SGD. 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
Revenue	82.87	104.79	76.46	56.81	49.71
Revenue Growth (YoY)	-20.91%	37.05%	34.58%	14.29%	-22.79%
Cost of Revenue	49.69	82.11	60.56	43.53	39.78
Gross Profit	33.18	22.68	15.9	13.28	9.93
Selling, General & Admin	11.71	12.1	11.95	9.58	8.13
Operating Expenses	19.98	16.56	15.56	12.45	14.03
Operating Income	13.2	6.12	0.34	0.83	-4.1
Interest Expense	-2.27	-2.79	-1.76	-1.01	-1.77
Interest & Investment Income	0.71	0.67	0.25	0.15	0.23
Currency Exchange Gain (Loss)	-	-	-	-	1.63
Other Non Operating Income (Expenses)	4.05	2.99	2.6	2.51	2.43
EBT Excluding Unusual Items	15.68	6.99	1.44	2.48	-1.58
Gain (Loss) on Sale of Assets	-	0.04	0.82	0.1	0.06
Asset Writedown	0.32	0.55	0.22	0.56	0.14
Other Unusual Items	-	-	0.33	0.82	1.76
Pretax Income	16	7.58	2.81	3.96	0.37
Income Tax Expense	2.27	0.17	1.09	-0.06	0.04
Net Income	13.74	7.41	1.72	4.02	0.33
Net Income to Common	13.74	7.41	1.72	4.02	0.33
Net Income Growth	85.32%	330.68%	-57.21%	1111.45%	-63.11%
Shares Outstanding (Basic)	52	52	52	52	52
Shares Outstanding (Diluted)	52	52	52	52	52
Shares Change (YoY)	0.01%	-	-	-	-
EPS (Basic)	0.26	0.14	0.03	0.08	0.01
EPS (Diluted)	0.26	0.14	0.03	0.08	0.01
EPS Growth	85.31%	330.69%	-57.18%	1110.77%	-63.11%
Free Cash Flow	19.36	12.85	2.18	6.15	0.7
Free Cash Flow Per Share	0.37	0.25	0.04	0.12	0.01
Dividend Per Share	0.030	-	-	-	-
Gross Margin	40.04%	21.64%	20.79%	23.37%	19.98%
Operating Margin	15.93%	5.84%	0.45%	1.47%	-8.25%
Profit Margin	16.57%	7.07%	2.25%	7.08%	0.67%
Free Cash Flow Margin	23.36%	12.27%	2.85%	10.82%	1.41%
EBITDA	17.2	12.4	6.59	6.64	1.11
EBITDA Margin	20.76%	11.83%	8.62%	11.69%	2.23%
D&A For EBITDA	4.01	6.28	6.25	5.81	5.21
EBIT	13.2	6.12	0.34	0.83	-4.1
EBIT Margin	15.93%	5.84%	0.45%	1.47%	-8.25%
Effective Tax Rate	14.16%	2.23%	38.84%	-	10.99%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.