The Straits Trading Company Limited (SGX:S20)

SGX:S20 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	564.63	491.66	527.62	396.56	308.89
Other Revenue	30.61	63.76	663.07	88.93	18.54
Revenue	595.23	555.42	1,191	485.49	327.43
Revenue Growth (YoY)	7.17%	-53.35%	145.26%	48.27%	-23.42%
Cost of Revenue	437.52	370.05	408.16	263.5	222.94
Gross Profit	157.71	185.37	782.53	221.99	104.49
Selling, General & Admin	39.04	41.74	39.09	37.2	31.81
Other Operating Expenses	32.27	22.86	25.67	17.41	20.04
Operating Expenses	79.89	71.29	71.03	60.74	60.47
Operating Income	77.82	114.08	711.5	161.25	44.02
Interest Expense	-81.37	-73.61	-39.47	-29	-26.33
Earnings From Equity Investments	-12.61	-21.3	-14.02	99.9	8.73
Currency Exchange Gain (Loss)	0.39	0.56	-15.11	-11.41	19.01
Other Non Operating Income (Expenses)	-8.49	-9.95	-3.97	7.6	-2.91
EBT Excluding Unusual Items	-24.27	9.77	638.94	228.34	42.52
Merger & Restructuring Charges	-0.3	-0.48	-0.33	0.47	-0.09
Gain (Loss) on Sale of Investments	-	-	-	-	-0.27
Gain (Loss) on Sale of Assets	-10.65	-3.73	-0.2	9.49	16.44
Asset Writedown	60.28	-17.2	-75.42	123.78	37.35
Pretax Income	25.06	-11.63	562.98	362.07	95.96
Income Tax Expense	14.03	0.51	-6.29	76.38	24.78
Earnings From Continuing Operations	11.03	-12.15	569.27	285.69	71.18
Net Income to Company	11.03	-12.15	569.27	285.69	71.18
Minority Interest in Earnings	-18.26	-16.42	-18.01	-51.44	-19.69
Net Income	-7.23	-28.57	551.26	234.25	51.48
Net Income to Common	-7.23	-28.57	551.26	234.25	51.48
Net Income Growth	-	-	135.33%	355.01%	-38.98%
Shares Outstanding (Basic)	450	450	434	480	480
Shares Outstanding (Diluted)	450	450	434	480	480
Shares Change (YoY)	0.02%	3.58%	-9.60%	-	-0.13%
EPS (Basic)	-0.02	-0.06	1.27	0.49	0.11
EPS (Diluted)	-0.02	-0.06	1.27	0.49	0.11
EPS Growth	-	-	160.31%	355.01%	-38.87%
Free Cash Flow	7.28	29.54	58.52	35.68	-46.65
Free Cash Flow Per Share	0.02	0.07	0.14	0.07	-0.10
Dividend Per Share	0.080	0.080	0.080	0.068	0.051
Dividend Growth	-	-	17.99%	33.47%	-
Gross Margin	26.50%	33.38%	65.72%	45.72%	31.91%
Operating Margin	13.07%	20.54%	59.76%	33.21%	13.44%
Profit Margin	-1.21%	-5.14%	46.30%	48.25%	15.72%
Free Cash Flow Margin	1.22%	5.32%	4.92%	7.35%	-14.25%
EBITDA	84.05	118.39	715.4	164.56	48.51
EBITDA Margin	14.12%	21.32%	60.08%	33.89%	14.82%
D&A For EBITDA	6.23	4.31	3.89	3.31	4.49
EBIT	77.82	114.08	711.5	161.25	44.02
EBIT Margin	13.07%	20.54%	59.76%	33.21%	13.44%
Effective Tax Rate	55.99%	-	-	21.09%	25.82%
Revenue as Reported	645.25	526.45	1,115	396.56	386.69

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.