CDL Hospitality Trusts 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
Rental Revenue	122.86	-	-	-	-
Other Revenue	144.71	260.26	257.56	229.36	157.72
Total Revenue	267.57	260.26	257.56	229.36	157.72
Revenue Growth (YoY	2.81%	1.05%	12.29%	45.42%	34.17%
Property Expenses	102.39	92.99	88.17	78.19	61.75
Selling, General & Administrative	0.71	0.68	0.67	0.57	0.55
Depreciation & Amortization	25.3	22.58	21.93	20.98	21.45
Other Operating Expenses	56.72	52.37	49.09	45.52	24.42
Total Operating Expenses	185.11	168.62	159.86	145.26	108.17
Operating Income	82.46	91.64	97.7	84.09	49.56
Interest Expense	-53.4	-56.5	-49.56	-33.23	-25.12
Interest & Investment Income	0.52	0.58	0.85	0.45	0.15
Currency Exchange Gain (Loss)	5.29	-7.02	-0.15	-11.59	-14.06
Other Non-Operating Income	-17.47	-5.31	-13.6	39.94	17.27
EBT Excluding Unusual Items	17.4	23.39	35.24	79.66	27.8
Merger & Restructuring Charges	-	-2.4	-1.4	-	-
Asset Writedown	-36.61	-2.92	107.92	143.51	43.85
Other Unusual Items	-	3.04	-	-	-
Pretax Income	-19.21	21.11	141.76	223.17	71.64
Income Tax Expense	10.27	6.16	17.79	7.78	3.84
Earnings From Continuing Operations	-29.48	14.94	123.97	215.39	67.8
Minority Interest in Earnings	0.66	-0.58	-0.75	-0.12	0.13
Net Income	-28.82	14.37	123.21	215.28	67.93
Net Income to Common	-28.82	14.37	123.21	215.28	67.93
Net Income Growth	-	-88.34%	-42.77%	216.89%	-
Basic Shares Outstanding	1,268	1,254	1,244	1,235	1,228
Diluted Shares Outstanding	1,268	1,264	1,252	1,242	1,234
Shares Change (YoY)	0.26%	1.00%	0.80%	0.67%	1.10%
EPS (Basic)	-0.02	0.01	0.10	0.17	0.06
EPS (Diluted)	-0.02	0.01	0.10	0.17	0.06
EPS Growth	-	-88.42%	-43.29%	214.89%	-
Dividend Per Share	0.048	0.053	0.057	0.056	0.043
Dividend Growth	-9.77%	-6.67%	1.24%	31.54%	-13.54%
Operating Margin	30.82%	35.21%	37.93%	36.66%	31.42%
Profit Margin	-10.77%	5.52%	47.84%	93.86%	43.07%
EBITDA	107.76	112.92	118.4	103.57	69.46
EBITDA Margin	40.27%	43.39%	45.97%	45.16%	44.04%
D&A For Ebitda	25.3	21.28	20.7	19.47	19.9
EBIT	82.46	91.64	97.7	84.09	49.56
EBIT Margin	30.82%	35.21%	37.93%	36.66%	31.42%
Effective Tax Rate	-	29.20%	12.55%	3.48%	5.36%
Revenue as Reported	267.57	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.