SGX:N08 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
Revenue	310.84	317.54	306.4	285.74	234.2
Revenue Growth (YoY)	-2.11%	3.64%	7.23%	22.00%	-3.38%
Cost of Revenue	278.91	283.55	271.51	249.13	203.26
Gross Profit	31.92	34	34.89	36.61	30.94
Selling, General & Admin	25.46	24.24	23.34	27.66	24.42
Other Operating Expenses	-2.33	-3.49	-4.01	-6.55	-4.51
Operating Expenses	23.13	20.75	19.34	21.11	19.92
Operating Income	8.8	13.25	15.56	15.5	11.02
Interest Expense	-1.18	-0.87	-0.83	-1.18	-1.53
Interest & Investment Income	0.25	0.36	0.52	0.24	0.21
Earnings From Equity Investments	-0.25	-0.54	-0.37	-0.19	0.07
Currency Exchange Gain (Loss)	-1.3	-0.69	0.14	-	0.5
EBT Excluding Unusual Items	6.32	11.51	15.01	14.37	10.28
Gain (Loss) on Sale of Investments	-0.01	-0.01	-0.01	-0.01	-0.01
Gain (Loss) on Sale of Assets	0.06	-0.02	0.08	0.03	2.77
Asset Writedown	1.21	2.35	2.24	-3.56	0.12
Other Unusual Items	-	-	-	-	0.26
Pretax Income	7.58	13.83	17.33	10.84	13.43
Income Tax Expense	2.52	2.69	3.28	2.96	4.31
Earnings From Continuing Operations	5.06	11.14	14.05	7.88	9.12
Minority Interest in Earnings	-0.88	-1.8	-1.24	2.09	-1
Net Income	4.18	9.34	12.81	9.97	8.12
Net Income to Common	4.18	9.34	12.81	9.97	8.12
Net Income Growth	-55.21%	-27.07%	28.46%	22.75%	7.01%
Shares Outstanding (Basic)	439	439	439	439	439
Shares Outstanding (Diluted)	439	439	439	439	439
Shares Change (YoY)	-0.07%	-0.09%	-	-	-
EPS (Basic)	0.01	0.02	0.03	0.02	0.02
EPS (Diluted)	0.01	0.02	0.03	0.02	0.02
EPS Growth	-55.35%	-26.89%	28.24%	22.75%	7.01%
Free Cash Flow	11.94	1.63	15.84	19.43	17.15
Free Cash Flow Per Share	0.03	0.00	0.04	0.04	0.04
Dividend Per Share	0.009	0.018	0.019	0.018	0.015
Dividend Growth	-50.00%	-5.26%	5.56%	20.00%	-
Gross Margin	10.27%	10.71%	11.39%	12.81%	13.21%
Operating Margin	2.83%	4.17%	5.08%	5.42%	4.71%
Profit Margin	1.35%	2.94%	4.18%	3.49%	3.47%
Free Cash Flow Margin	3.84%	0.51%	5.17%	6.80%	7.32%
EBITDA	20.95	24.75	26.7	28.91	25.26
EBITDA Margin	6.74%	7.79%	8.71%	10.12%	10.79%
D&A For EBITDA	12.15	11.5	11.15	13.41	14.24
EBIT	8.8	13.25	15.56	15.5	11.02
EBIT Margin	2.83%	4.17%	5.08%	5.42%	4.71%
Effective Tax Rate	33.26%	19.46%	18.91%	27.29%	32.08%

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