CDL Hospitality Trusts (SGX:J85)

CDL Hospitality Trusts Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	0.34	-	-	-	-	-
Other Revenue	257.65	260.26	257.56	229.36	157.72	117.56
Total Revenue	257.99	260.26	257.56	229.36	157.72	117.56
Revenue Growth (YoY	-2.90%	1.05%	12.29%	45.42%	34.17%	-40.29%
Property Expenses	96.3	92.99	88.17	78.19	61.75	46.24
Selling, General & Administrative	0.67	0.68	0.67	0.57	0.55	0.59
Depreciation & Amortization	24.18	22.58	21.93	20.98	21.45	16.19
Other Operating Expenses	54.47	52.37	49.09	45.52	24.42	21.27
Total Operating Expenses	175.63	168.62	159.86	145.26	108.17	84.3
Operating Income	82.36	91.64	97.7	84.09	49.56	33.26
Interest Expense	-63.18	-56.5	-49.56	-33.23	-25.12	-24.79
Interest & Investment Income	0.58	0.58	0.85	0.45	0.15	0.61
Currency Exchange Gain (Loss)	-7.02	-7.02	-0.15	-11.59	-14.06	20.03
Other Non-Operating Income	-6.55	-5.31	-13.6	39.94	17.27	-19.81
EBT Excluding Unusual Items	6.18	23.39	35.24	79.66	27.8	9.3
Merger & Restructuring Charges	-2.4	-2.4	-1.4	-	-	-0.06
Gain (Loss) on Sale of Assets	-	-	-	-	-	-8.8
Asset Writedown	-2.92	-2.92	107.92	143.51	43.85	-185.52
Other Unusual Items	3.04	3.04	-	-	-	-
Pretax Income	3.9	21.11	141.76	223.17	71.64	-185.08
Income Tax Expense	5.15	6.16	17.79	7.78	3.84	4.06
Earnings From Continuing Operations	-1.25	14.94	123.97	215.39	67.8	-189.14
Minority Interest in Earnings	-0.52	-0.58	-0.75	-0.12	0.13	1.12
Net Income	-1.77	14.37	123.21	215.28	67.93	-188.02
Net Income to Common	-1.77	14.37	123.21	215.28	67.93	-188.02
Net Income Growth	-	-88.34%	-42.77%	216.89%	-	-
Basic Shares Outstanding	-	1,254	1,244	1,235	1,228	1,220
Diluted Shares Outstanding	-	1,264	1,252	1,242	1,234	1,220
Shares Change (YoY)	-	1.00%	0.80%	0.67%	1.10%	0.29%
EPS (Basic)	-	0.01	0.10	0.17	0.06	-0.15
EPS (Diluted)	-	0.01	0.10	0.17	0.06	-0.15
EPS Growth	-	-88.42%	-43.29%	214.89%	-	-
Dividend Per Share	0.053	0.053	0.057	0.056	0.043	0.050
Dividend Growth	66.77%	-6.67%	1.24%	31.54%	-13.54%	-45.12%
Operating Margin	31.92%	35.21%	37.93%	36.66%	31.42%	28.29%
Profit Margin	-0.69%	5.52%	47.84%	93.86%	43.07%	-159.93%
EBITDA	105.25	112.92	118.4	103.57	69.46	48.39
EBITDA Margin	40.80%	43.39%	45.97%	45.16%	44.04%	41.17%
D&A For Ebitda	22.89	21.28	20.7	19.47	19.9	15.13
EBIT	82.36	91.64	97.7	84.09	49.56	33.26
EBIT Margin	31.92%	35.21%	37.93%	36.66%	31.42%	28.29%
Effective Tax Rate	132.06%	29.20%	12.55%	3.48%	5.36%	-

Updated Jan 26, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.