Hock Lian Seng Holdings Limited (SGX: J2T)

Hock Lian Seng Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	195.6	201.96	142.71	168.62	60.24	193.49
Revenue Growth (YoY)	1.20%	41.52%	-15.37%	179.91%	-68.87%	-2.18%
Cost of Revenue	157.9	178.77	132.31	151.57	54.33	171.51
Gross Profit	37.7	23.2	10.4	17.05	5.91	21.98
Selling, General & Admin	5.88	4.86	3.58	4.3	3.03	4.54
Other Operating Expenses	1.75	1.96	1.88	1.54	6.35	2.55
Operating Expenses	7.63	6.82	5.46	5.85	9.38	7.08
Operating Income	30.08	16.38	4.94	11.2	-3.48	14.9
Interest & Investment Income	5.86	5.48	3.21	2.45	2.55	3.04
Earnings From Equity Investments	-0.11	-0.44	3.08	7.29	-2.56	-2.77
Currency Exchange Gain (Loss)	0.07	0.18	0.09	0.3	-	-
Other Non Operating Income (Expenses)	8.11	8.44	7.36	4.62	4.08	1.3
EBT Excluding Unusual Items	44	30.04	18.68	25.85	0.59	16.47
Gain (Loss) on Sale of Investments	0.01	-	-	0.1	-	-
Gain (Loss) on Sale of Assets	0.81	0.65	0.33	0.15	0.12	0.02
Asset Writedown	0.2	0.2	0.1	0.05	-	-
Other Unusual Items	-1.09	-	0.36	2.33	4.68	-
Pretax Income	43.93	30.89	19.47	28.48	5.4	16.49
Income Tax Expense	5.8	4.24	3.07	3.51	1.11	3.89
Earnings From Continuing Operations	38.13	26.64	16.4	24.97	4.29	12.6
Minority Interest in Earnings	-0.09	-0.08	0.11	0.16	-0.05	-0.03
Net Income	38.04	26.56	16.51	25.13	4.24	12.57
Net Income to Common	38.04	26.56	16.51	25.13	4.24	12.57
Net Income Growth	115.20%	60.94%	-34.31%	493.18%	-66.30%	-10.53%
Shares Outstanding (Basic)	512	512	512	512	512	512
Shares Outstanding (Diluted)	512	512	512	512	512	512
Shares Change (YoY)	0.05%	-	-	-	-	-
EPS (Basic)	0.07	0.05	0.03	0.05	0.01	0.02
EPS (Diluted)	0.07	0.05	0.03	0.05	0.01	0.02
EPS Growth	115.29%	61.09%	-34.29%	512.50%	-67.40%	-9.10%
Free Cash Flow	21.53	-6.91	49.89	6.08	-17.56	7.12
Free Cash Flow Per Share	0.04	-0.01	0.10	0.01	-0.03	0.01
Dividend Per Share	0.015	0.015	0.010	0.013	0.003	0.012
Dividend Growth	50.00%	50.00%	-20.00%	400.00%	-79.17%	-33.33%
Gross Margin	19.27%	11.48%	7.29%	10.11%	9.80%	11.36%
Operating Margin	15.38%	8.11%	3.46%	6.64%	-5.77%	7.70%
Profit Margin	19.45%	13.15%	11.57%	14.90%	7.03%	6.50%
Free Cash Flow Margin	11.01%	-3.42%	34.96%	3.61%	-29.16%	3.68%
EBITDA	32.32	18.65	8.62	15.98	1.51	20.59
EBITDA Margin	16.52%	9.23%	6.04%	9.48%	2.51%	10.64%
D&A For EBITDA	2.24	2.27	3.68	4.78	4.99	5.69
EBIT	30.08	16.38	4.94	11.2	-3.48	14.9
EBIT Margin	15.38%	8.11%	3.46%	6.64%	-5.77%	7.70%
Effective Tax Rate	13.20%	13.73%	15.77%	12.33%	20.57%	23.58%

Source: S&P Capital IQ. Standard template. Financial Sources.