Hong Lai Huat Group 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
Revenue	2.78	0.1	-0.18	1.64	16.73
Revenue Growth (YoY)	2626.47%	-	-	-90.19%	132.25%
Cost of Revenue	1.26	0.09	-0.08	4.32	6.74
Gross Profit	1.52	0.02	-0.1	-2.68	9.99
Selling, General & Admin	5.97	4.86	4.03	8.46	8.48
Operating Expenses	6.38	4.86	4.15	8.46	8.48
Operating Income	-4.86	-4.84	-4.26	-11.14	1.51
Interest Expense	-0.06	-0.67	-0.73	-0.22	-0.19
Interest & Investment Income	0.98	0.09	0.1	0.55	0.19
Earnings From Equity Investments	1.59	3.65	-1.49	-0.95	0.31
Currency Exchange Gain (Loss)	-	-	-	0.59	0.11
Other Non Operating Income (Expenses)	1.74	0.16	-0.21	0.19	0.91
EBT Excluding Unusual Items	-0.61	-1.62	-6.58	-10.98	2.85
Gain (Loss) on Sale of Investments	-	0.01	0.04	-0.1	-
Gain (Loss) on Sale of Assets	16.91	0.37	-	0.13	0.31
Asset Writedown	-1.44	-6.05	-1.1	-3.5	-
Other Unusual Items	-	-	-	0.09	0.84
Pretax Income	14.86	-7.28	-7.63	-14.36	3.99
Income Tax Expense	0.12	0.58	-0.08	-2.31	-2.31
Earnings From Continuing Operations	14.75	-7.87	-7.55	-12.05	6.3
Earnings From Discontinued Operations	-	-5.29	-15.65	-	-2.82
Net Income to Company	14.75	-13.15	-23.21	-12.05	3.48
Minority Interest in Earnings	-0.07	0.23	-	-	-
Net Income	14.68	-12.93	-23.21	-12.05	3.48
Net Income to Common	14.68	-12.93	-23.21	-12.05	3.48
Shares Outstanding (Basic)	517	518	518	518	446
Shares Outstanding (Diluted)	517	518	518	518	446
Shares Change (YoY)	-0.07%	-	-	16.05%	101.06%
EPS (Basic)	0.03	-0.02	-0.04	-0.02	0.01
EPS (Diluted)	0.03	-0.02	-0.04	-0.02	0.01
Free Cash Flow	-4.76	-5.57	-6.03	1.28	7.86
Free Cash Flow Per Share	-0.01	-0.01	-0.01	0.00	0.02
Dividend Per Share	-	-	-	-	0.002
Gross Margin	54.55%	14.71%	-	-163.50%	59.72%
Operating Margin	-174.83%	-4745.10%	-	-678.85%	9.04%
Profit Margin	527.72%	-12673.53%	-	-734.25%	20.79%
Free Cash Flow Margin	-171.31%	-5463.73%	-	78.00%	46.97%
EBITDA	-4.43	-4.2	-3.62	-9.86	2.77
EBITDA Margin	-159.44%	-	-	-	16.55%
D&A For EBITDA	0.43	0.64	0.64	1.29	1.26
EBIT	-4.86	-4.84	-4.26	-11.14	1.51
EBIT Margin	-174.83%	-	-	-	9.04%
Effective Tax Rate	0.79%	-	-	-	-

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