DHLU Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Rental Revenue	56.53	59.85	63.43	71.02	58.7	40.64
Total Revenue	56.53	59.85	63.43	71.02	58.7	40.64
Revenue Growth (YoY	-10.88%	-5.65%	-10.68%	21.00%	44.42%	-
Property Expenses	13.11	14.53	14.52	16.24	14.28	11.33
Selling, General & Administrative	5.65	5.84	5.5	8.97	4.85	3.6
Total Operating Expenses	18.76	20.37	20.02	25.21	19.13	14.93
Operating Income	37.78	39.48	43.41	45.81	39.57	25.71
Interest Expense	-6.04	-6.31	-7.4	-9.63	-9.7	-9.79
Currency Exchange Gain (Loss)	3.7	3.7	-	-	-	-
Other Non-Operating Income	0.53	1.27	1.84	-	-	-
EBT Excluding Unusual Items	35.97	38.13	37.86	36.18	29.88	15.92
Asset Writedown	11.77	11.58	112.14	-4.07	-6.95	-6.89
Pretax Income	47.74	49.71	150	32.11	22.93	9.03
Income Tax Expense	6.23	6.39	19.54	5.01	3.34	1.37
Net Income	41.51	43.32	130.46	27.1	19.59	7.67
Preferred Dividends & Other Adjustments	-	-	-	1.15	1.11	1.08
Net Income to Common	41.51	43.32	130.46	25.95	18.49	6.58
Net Income Growth	-68.18%	-66.79%	381.43%	38.30%	155.58%	-
Basic Shares Outstanding	692	692	676	675	-	-
Diluted Shares Outstanding	692	692	676	675	-	-
Shares Change (YoY)	2.27%	2.38%	0.20%	-	-	-
EPS (Basic)	0.06	0.06	0.19	0.04	-	-
EPS (Diluted)	0.06	0.06	0.19	0.04	-	-
EPS Growth	-68.89%	-67.57%	401.70%	-	-	-
Dividend Per Share	0.051	0.052	0.053	-	-	-
Dividend Growth	-3.83%	-0.79%	-	-	-	-
Operating Margin	66.82%	65.96%	68.44%	64.51%	67.42%	63.26%
Profit Margin	73.43%	72.38%	205.66%	36.54%	31.50%	16.20%
Free Cash Flow Margin	72.52%	74.29%	86.23%	-44.62%	-	-
EBIT	37.78	39.48	43.41	45.81	39.57	25.71
EBIT Margin	66.82%	65.96%	68.44%	64.51%	67.42%	63.26%
Effective Tax Rate	13.04%	12.85%	13.03%	15.61%	14.55%	15.11%

Source: S&P Capital IQ. Real Estate template. Financial Sources.