SGX:N2IU Income Statement

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

Millions SGD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Rental Revenue	867.29	908.84	958.09	826.19	499.48
Other Revenue	10.65	8.85	6.38	4.61	-
Total Revenue	877.93	917.69	964.47	830.79	499.48
Revenue Growth (YoY	-4.33%	-4.85%	16.09%	66.33%	4.28%
Property Expenses	257.69	270.31	275.16	239.21	148.56
Selling, General & Administrative	4.01	5.28	5.75	4.48	2.43
Other Operating Expenses	-	-	4.85	3.67	-
Total Operating Expenses	261.7	275.59	285.76	247.35	150.99
Operating Income	616.24	642.1	678.71	583.44	348.49
Interest Expense	-178.08	-220.44	-295.27	-188.06	-54.07
Interest & Investment Income	1.59	2.06	2.51	1.6	0.28
Currency Exchange Gain (Loss)	1.42	0.78	4.92	-3.75	8.93
Other Non-Operating Income	-52.18	-1.34	69.87	43.45	-26.9
EBT Excluding Unusual Items	388.98	423.16	460.75	436.7	276.73
Gain (Loss) on Sale of Investments	-	-	-	4.82	-
Gain (Loss) on Sale of Assets	-12.95	4.01	-	-	-
Asset Writedown	-115.29	154.02	141.8	43.51	70.29
Pretax Income	260.74	581.19	602.55	485.02	347.02
Income Tax Expense	-4.73	-6.11	19.48	-1.73	0.01
Earnings From Continuing Operations	265.47	587.3	583.07	486.75	347.02
Minority Interest in Earnings	0.18	1.53	-0.33	-0.55	-
Net Income	265.65	588.83	582.74	486.2	347.02
Preferred Dividends & Other Adjustments	4.38	4.65	4.8	3.6	-
Net Income to Common	261.27	584.18	577.94	482.6	347.02
Net Income Growth	-54.88%	1.04%	19.86%	40.11%	405.81%
Basic Shares Outstanding	5,276	5,261	5,246	4,616	3,321
Diluted Shares Outstanding	5,284	5,261	5,246	4,616	3,321
Shares Change (YoY)	0.45%	0.27%	13.66%	38.99%	0.22%
EPS (Basic)	0.05	0.11	0.11	0.10	0.10
EPS (Diluted)	0.05	0.11	0.11	0.10	0.10
EPS Growth	-55.50%	0.76%	5.42%	0.01%	404.78%
Dividend Per Share	0.080	0.080	0.089	0.096	0.095
Dividend Growth	-0.62%	-9.99%	-7.09%	0.63%	0.42%
Operating Margin	70.19%	69.97%	70.37%	70.23%	69.77%
Profit Margin	29.76%	63.66%	59.92%	58.09%	69.48%
EBITDA	616.94	642.78	679.78	584.27	348.64
EBITDA Margin	70.27%	70.04%	70.48%	70.33%	69.80%
D&A For Ebitda	0.71	0.68	1.07	0.83	0.15
EBIT	616.24	642.1	678.71	583.44	348.49
EBIT Margin	70.19%	69.97%	70.37%	70.23%	69.77%
Effective Tax Rate	-	-	3.23%	-	0.00%

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