SGX:Q5T Income Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	106.46	108.71	106.81	83.58	83.25	83.25
Other Revenue	-	-	-	-	-4.06	-3.97
Total Revenue	106.46	108.71	106.81	83.58	79.19	79.29
Revenue Growth (YoY	-1.94%	1.78%	27.79%	5.54%	-0.13%	-27.40%
Property Expenses	21.21	19.84	18.53	15.7	17.52	19.47
Selling, General & Administrative	1.3	1.16	1.26	1.35	1.01	1.05
Total Operating Expenses	22.98	21.12	19.82	17.03	18.53	21.57
Operating Income	83.48	87.58	86.98	66.55	60.66	57.72
Interest Expense	-38.52	-27.9	-38.07	-5.67	-8.22	-30.35
Interest & Investment Income	1.77	2.83	3.8	1.56	0.41	0.53
Currency Exchange Gain (Loss)	6.17	-3.12	0.73	-	-	-
Other Non-Operating Income	-0.01	-0.01	-0.01	-0.01	-0	-0
EBT Excluding Unusual Items	52.89	59.39	53.43	62.43	52.84	27.91
Gain (Loss) on Sale of Assets	-	-	17.91	39.29	-	-
Asset Writedown	-17.16	-12.42	59.24	102.18	78.24	-121.22
Pretax Income	35.73	46.97	130.59	203.9	131.08	-93.31
Income Tax Expense	0.23	0.27	0.28	0.15	0.07	0.09
Net Income	35.5	46.7	130.31	203.76	131.01	-93.4
Net Income to Common	35.5	46.7	130.31	203.76	131.01	-93.4
Net Income Growth	-69.66%	-64.16%	-36.05%	55.53%	-	-
Basic Shares Outstanding	2,016	2,010	1,997	1,983	1,969	1,954
Diluted Shares Outstanding	2,058	2,040	2,004	1,989	1,975	1,954
Shares Change (YoY)	2.40%	1.82%	0.73%	0.69%	1.10%	2.04%
EPS (Basic)	0.02	0.02	0.07	0.10	0.07	-0.05
EPS (Diluted)	0.02	0.02	0.07	0.10	0.07	-0.05
EPS Growth	-70.25%	-64.77%	-36.52%	54.45%	-	-
Dividend Per Share	0.039	0.040	0.041	0.033	0.026	0.024
Dividend Growth	-6.54%	-1.22%	25.08%	24.34%	9.13%	-36.74%
Operating Margin	78.41%	80.57%	81.44%	79.62%	76.60%	72.80%
Profit Margin	33.34%	42.96%	122.01%	243.79%	165.44%	-117.80%
EBIT	83.48	87.58	86.98	66.55	60.66	57.72
EBIT Margin	78.41%	80.57%	81.44%	79.62%	76.60%	72.80%
Effective Tax Rate	0.64%	0.57%	0.21%	0.07%	0.05%	-
Revenue as Reported	108.71	108.71	106.81	83.58	83.25	83.25

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.