Tye Soon Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	264.09	257.16	254.4	249.32	225.33
Other Revenue	0.19	0.32	0.06	0.15	-
Revenue	264.27	257.49	254.46	249.47	225.33
Revenue Growth (YoY)	2.63%	1.19%	2.00%	10.71%	13.67%
Cost of Revenue	206.95	199.87	198.93	194.93	177.17
Gross Profit	57.32	57.62	55.53	54.54	48.16
Selling, General & Admin	29.82	28.69	26.95	26.15	25.13
Other Operating Expenses	13.47	14.25	13.63	11.59	10.29
Operating Expenses	48.32	47.78	45.24	42.46	40.12
Operating Income	9.01	9.84	10.29	12.08	8.04
Interest Expense	-3.81	-4.25	-4.43	-2.39	-1.68
Interest & Investment Income	-	0.11	0.01	0.01	0.01
Earnings From Equity Investments	-	-	-	-	0.05
Currency Exchange Gain (Loss)	-0.33	-	-	-1.11	-0.31
Other Non Operating Income (Expenses)	-	-	-	-	0.07
EBT Excluding Unusual Items	4.87	5.7	5.87	8.59	6.17
Gain (Loss) on Sale of Investments	-	-	-	-	-0.11
Gain (Loss) on Sale of Assets	-	-	-	-0.02	-0.03
Other Unusual Items	-	-	-	-	0.11
Pretax Income	4.87	5.7	5.87	8.58	6.13
Income Tax Expense	1.13	1.42	1.55	2.17	1.58
Earnings From Continuing Operations	3.74	4.28	4.32	6.41	4.55
Minority Interest in Earnings	-0.03	-0.05	-0.07	-0.13	-0.08
Net Income	3.71	4.24	4.25	6.28	4.47
Net Income to Common	3.71	4.24	4.25	6.28	4.47
Net Income Growth	-12.33%	-0.42%	-32.26%	40.54%	264.95%
Shares Outstanding (Basic)	87	87	87	87	87
Shares Outstanding (Diluted)	87	87	87	87	87
EPS (Basic)	0.04	0.05	0.05	0.07	0.05
EPS (Diluted)	0.04	0.05	0.05	0.07	0.05
EPS Growth	-12.43%	-0.42%	-32.26%	40.54%	264.95%
Free Cash Flow	10.57	0.29	-1.07	3.35	2.61
Free Cash Flow Per Share	0.12	0.00	-0.01	0.04	0.03
Dividend Per Share	0.019	0.019	0.013	0.013	0.009
Dividend Growth	-	50.04%	-	50.00%	-
Gross Margin	21.69%	22.38%	21.82%	21.86%	21.37%
Operating Margin	3.41%	3.82%	4.04%	4.84%	3.57%
Profit Margin	1.41%	1.65%	1.67%	2.52%	1.98%
Free Cash Flow Margin	4.00%	0.11%	-0.42%	1.34%	1.16%
EBITDA	14.03	10.23	10.66	12.45	8.39
EBITDA Margin	5.31%	3.97%	4.19%	4.99%	3.72%
D&A For EBITDA	5.03	0.39	0.38	0.36	0.35
EBIT	9.01	9.84	10.29	12.08	8.04
EBIT Margin	3.41%	3.82%	4.04%	4.84%	3.57%
Effective Tax Rate	23.23%	24.86%	26.41%	25.31%	25.84%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.