CDL Hospitality Trusts (SGX:J85)

CDL Hospitality Trusts Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Other Revenue	267.57	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	92.66	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	52.7	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	1,278	1,264	1,252	1,242	1,234
Shares Change (YoY)	1.13%	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	106.51	112.92	118.4	103.57	69.46
EBITDA Margin	39.81%	43.39%	45.97%	45.16%	44.04%
D&A For Ebitda	24.05	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%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.