Bund Center Investment Ltd (SGX:BTE)

Bund Center Investment 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
Rental Revenue	84.41	83.89	67.61	83.23	68.8
Total Revenue	84.41	83.89	67.61	83.23	68.8
Revenue Growth (YoY	0.61%	24.08%	-18.77%	20.98%	-37.65%
Property Expenses	47.91	47.97	43.21	51.08	44.03
Selling, General & Administrative	23.23	22.86	18.7	21.23	18.05
Other Operating Expenses	-5.32	-4.36	-4.62	-5.59	-0.42
Total Operating Expenses	65.82	67.93	57.29	66.72	61.67
Operating Income	18.59	15.96	10.32	16.51	7.13
Interest Expense	-0.02	-0.01	-	-0	-0.01
Interest & Investment Income	5.81	4.68	5.43	5.37	4.83
Currency Exchange Gain (Loss)	-1.46	0.17	-2.37	-0.79	4.1
EBT Excluding Unusual Items	22.92	20.8	13.38	21.1	16.05
Gain (Loss) on Sale of Investments	-	-	-	-	-0.02
Gain (Loss) on Sale of Assets	-	0.35	-	-	-
Asset Writedown	-0.19	-0.12	-0.05	-0.43	-0.01
Pretax Income	22.7	21	13.31	20.66	16.02
Income Tax Expense	8.68	9.5	10.47	8.88	6.44
Earnings From Continuing Operations	14.02	11.5	2.83	11.79	9.58
Minority Interest in Earnings	-0.46	-0.4	-0.26	-0.26	0
Net Income	13.57	11.1	2.58	11.53	9.59
Net Income to Common	13.57	11.1	2.58	11.53	9.59
Net Income Growth	22.24%	330.95%	-77.66%	20.25%	-65.22%
Basic Shares Outstanding	759	759	759	759	759
Diluted Shares Outstanding	759	759	759	759	759
EPS (Basic)	0.02	0.01	0.00	0.02	0.01
EPS (Diluted)	0.02	0.01	0.00	0.02	0.01
EPS Growth	22.24%	331.03%	-77.66%	20.25%	-65.23%
Dividend Per Share	0.014	0.028	0.035	0.030	0.020
Dividend Growth	-50.00%	-20.00%	16.67%	50.00%	100.00%
Operating Margin	22.02%	19.02%	15.26%	19.84%	10.37%
Profit Margin	16.07%	13.23%	3.81%	13.85%	13.93%
EBITDA	39.02	36.45	32.11	38.43	28.03
EBITDA Margin	46.23%	43.45%	47.49%	46.17%	40.74%
D&A For Ebitda	20.43	20.49	21.79	21.91	20.9
EBIT	18.59	15.96	10.32	16.51	7.13
EBIT Margin	22.02%	19.02%	15.26%	19.84%	10.37%
Effective Tax Rate	38.24%	45.26%	78.70%	42.97%	40.20%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.