SGX:ME8U Income Statement

Financials in millions SGD. Fiscal year is April - March.

Millions SGD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Rental Revenue	687.03	711.83	697.33	684.87	610.06	447.2
Total Revenue	685.3	711.83	697.33	684.87	610.06	447.2
Revenue Growth (YoY	-3.23%	2.08%	1.82%	12.26%	36.42%	10.19%
Property Expenses	224.48	230.78	227.42	218.34	184.54	129.91
Selling, General & Administrative	13.56	16.06	15.26	15.95	16.94	8.17
Total Operating Expenses	237.63	246.84	242.69	234.29	201.49	138.07
Operating Income	447.67	465	454.65	450.58	408.58	309.13
Interest Expense	-145.33	-158.06	-169.79	-113.35	-42.87	-32.47
Interest & Investment Income	1.14	1.57	4.75	0.7	0.1	0.24
Income (Loss) on Equity Investments	29.41	29.41	36.49	37.87	36.47	44.87
Currency Exchange Gain (Loss)	-4.16	-2.75	1.78	-1.18	5.68	-0.67
Other Non-Operating Income	58.47	55.28	61.3	17.27	-28.23	-20.42
EBT Excluding Unusual Items	387.19	390.45	389.17	391.89	379.73	300.69
Gain (Loss) on Sale of Investments	1.25	1.25	-45.2	30.04	79.84	-15.73
Gain (Loss) on Sale of Assets	2.97	-	3.49	3.76	2.64	-
Asset Writedown	-13.61	-16.63	-210.83	-110.63	7.17	-87.08
Pretax Income	377.8	375.07	136.64	315.06	469.38	197.87
Income Tax Expense	39.86	29.63	16.01	23.95	30.17	33.37
Earnings From Continuing Operations	337.93	345.44	120.63	291.11	439.22	164.5
Minority Interest in Earnings	-0.3	-0.28	-0.12	-	-	-
Net Income	337.63	345.16	120.51	291.11	439.22	164.5
Preferred Dividends & Other Adjustments	9.45	9.45	9.48	9.45	8.41	-
Net Income to Common	328.18	335.71	111.04	281.66	430.8	164.5
Net Income Growth	161.75%	186.41%	-58.60%	-33.72%	167.00%	-55.20%
Basic Shares Outstanding	2,851	2,841	2,817	2,702	2,603	2,313
Diluted Shares Outstanding	2,851	2,841	2,817	2,702	2,603	2,313
Shares Change (YoY)	0.46%	0.87%	4.27%	3.77%	12.58%	9.38%
EPS (Basic)	0.12	0.12	0.04	0.10	0.17	0.07
EPS (Diluted)	0.12	0.12	0.04	0.10	0.17	0.07
EPS Growth	173.30%	199.73%	-62.19%	-37.00%	132.64%	-59.04%
Dividend Per Share	0.130	0.136	0.134	0.136	0.138	0.126
Dividend Growth	-4.35%	1.04%	-1.03%	-1.67%	9.96%	2.53%
Operating Margin	65.33%	65.32%	65.20%	65.79%	66.97%	69.13%
Profit Margin	47.89%	47.16%	15.92%	41.13%	70.62%	36.78%
EBITDA	447.71	465.03	454.69	450.64	408.64	309.2
EBITDA Margin	65.33%	65.33%	65.20%	65.80%	66.98%	69.14%
D&A For Ebitda	0.04	0.03	0.04	0.06	0.07	0.07
EBIT	447.67	465	454.65	450.58	408.58	309.13
EBIT Margin	65.33%	65.32%	65.20%	65.79%	66.97%	69.13%
Effective Tax Rate	10.55%	7.90%	11.72%	7.60%	6.43%	16.87%

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