SGX:QC7 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
Operating Revenue	195	180.67	182.72	181.21	205.6
Other Revenue	2.22	-	-	-	-
Revenue	197.23	180.67	182.72	181.21	205.6
Revenue Growth (YoY)	9.16%	-1.12%	0.83%	-11.86%	49.40%
Cost of Revenue	140.56	128.35	132.21	134.91	135.97
Gross Profit	56.67	52.32	50.52	46.3	69.63
Selling, General & Admin	-	-	0.23	0.27	0.35
Other Operating Expenses	14.33	10.58	10.59	9.94	10.24
Operating Expenses	34.04	28.55	28.59	27.27	24.16
Operating Income	22.63	23.77	21.92	19.03	45.47
Interest Expense	-6.44	-5.37	-5.66	-3.91	-3.02
Interest & Investment Income	0.56	-	0.06	0.03	0.01
Earnings From Equity Investments	-0.1	0.51	-0.08	-0.54	-0.47
Currency Exchange Gain (Loss)	0.2	0.06	-0.09	-0.01	-0.04
Other Non Operating Income (Expenses)	-	1.04	-	-0.09	-0.08
EBT Excluding Unusual Items	16.84	20	16.16	14.51	41.88
Impairment of Goodwill	-	-2.54	-2.39	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	4.37
Gain (Loss) on Sale of Assets	-3.82	0.41	0.08	0.03	0.01
Asset Writedown	-0.84	-3.12	-0.18	-0.26	-0.2
Other Unusual Items	-	-	-	-	0.6
Pretax Income	12.19	14.75	13.66	14.28	46.65
Income Tax Expense	2.27	1.69	2.59	2.42	7.3
Earnings From Continuing Operations	9.92	13.07	11.07	11.86	39.36
Minority Interest in Earnings	-0.61	1.57	0.44	-0.55	-8.89
Net Income	9.31	14.64	11.52	11.31	30.47
Net Income to Common	9.31	14.64	11.52	11.31	30.47
Net Income Growth	-36.38%	27.09%	1.84%	-62.89%	54.67%
Shares Outstanding (Basic)	947	947	946	941	944
Shares Outstanding (Diluted)	947	947	946	941	944
Shares Change (YoY)	-0.07%	0.10%	0.60%	-0.31%	-0.07%
EPS (Basic)	0.01	0.02	0.01	0.01	0.03
EPS (Diluted)	0.01	0.02	0.01	0.01	0.03
EPS Growth	-36.57%	26.97%	1.40%	-62.83%	54.77%
Free Cash Flow	31.86	32.15	27.52	24.24	43
Free Cash Flow Per Share	0.03	0.03	0.03	0.03	0.05
Dividend Per Share	0.008	0.011	0.007	0.010	0.036
Dividend Growth	-25.45%	59.42%	-31.00%	-72.22%	380.00%
Gross Margin	28.73%	28.96%	27.65%	25.55%	33.87%
Operating Margin	11.47%	13.16%	12.00%	10.50%	22.11%
Profit Margin	4.72%	8.10%	6.30%	6.24%	14.82%
Free Cash Flow Margin	16.15%	17.79%	15.06%	13.38%	20.91%
EBITDA	28.1	28.74	26.67	23.68	49.59
EBITDA Margin	14.25%	15.90%	14.60%	13.07%	24.12%
D&A For EBITDA	5.48	4.96	4.75	4.66	4.13
EBIT	22.63	23.77	21.92	19.03	45.47
EBIT Margin	11.47%	13.16%	12.00%	10.50%	22.11%
Effective Tax Rate	18.60%	11.43%	18.96%	16.96%	15.64%

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