Daiwa House Logistics Trust (SGX:DHLU)

SGX:DHLU Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2020	FY 2019
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2020	Dec 31, 2019
Rental Revenue	57.1	59.85	63.43	71.02	58.7
Total Revenue	57.1	59.85	63.43	71.02	58.7
Revenue Growth (YoY	-4.60%	-5.64%	-10.68%	21.00%	44.42%
Property Expenses	13.21	14.53	14.52	16.24	14.28
Selling, General & Administrative	5.39	5.84	5.5	8.97	4.85
Total Operating Expenses	18.6	20.37	20.02	25.21	19.13
Operating Income	38.5	39.48	43.41	45.81	39.57
Interest Expense	-6.55	-6.31	-7.4	-9.63	-9.7
Interest & Investment Income	0.2	0.3	-	-	-
Currency Exchange Gain (Loss)	2.6	3.8	-	-	-
Other Non-Operating Income	-1.89	0.87	1.84	-	-
EBT Excluding Unusual Items	32.86	38.13	37.86	36.18	29.88
Asset Writedown	8.48	11.58	112.14	-4.07	-6.95
Pretax Income	41.34	49.71	150	32.11	22.93
Income Tax Expense	6.63	6.39	19.54	5.01	3.34
Net Income	34.71	43.32	130.46	27.1	19.59
Preferred Dividends & Other Adjustments	-	-	-	1.15	1.11
Net Income to Common	34.71	43.32	130.46	25.95	18.49
Net Income Growth	-19.89%	-66.79%	381.43%	38.30%	155.58%
Basic Shares Outstanding	697	692	676	675	-
Diluted Shares Outstanding	697	692	676	675	-
Shares Change (YoY)	0.60%	2.38%	0.20%	-	-
EPS (Basic)	0.05	0.06	0.19	0.04	-
EPS (Diluted)	0.05	0.06	0.19	0.04	-
EPS Growth	-20.36%	-67.57%	401.70%	-	-
Dividend Per Share	0.048	0.052	0.053	-	-
Dividend Growth	-8.24%	-0.79%	-	-	-
Operating Margin	67.42%	65.96%	68.44%	64.51%	67.42%
Profit Margin	60.78%	72.38%	205.66%	36.54%	31.50%
EBIT	38.5	39.48	43.41	45.81	39.57
EBIT Margin	67.42%	65.96%	68.44%	64.51%	67.42%
Effective Tax Rate	16.05%	12.85%	13.03%	15.61%	14.55%

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