Sembcorp Industries Ltd (SGX: U96)

Sembcorp Industries Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	6,592	7,042	7,825	6,408	5,447	6,735
Revenue Growth (YoY)	-13.06%	-10.01%	22.11%	17.64%	-19.12%	-42.38%
Selling, General & Admin	429	426	491	386	338	350
Amortization of Goodwill & Intangibles	6	6	8	7	6	6
Other Operating Expenses	5,086	5,426	6,444	5,508	4,519	5,500
Total Operating Expenses	5,521	5,858	6,943	5,901	4,863	5,856
Operating Income	1,071	1,184	882	507	584	879
Interest Expense	-399	-403	-305	-291	-495	-478
Interest Income	65	59	39	25	37	39
Net Interest Expense	-334	-344	-266	-266	-458	-439
Income (Loss) on Equity Investments	271	264	248	206	233	186
Currency Exchange Gain (Loss)	-15	-7	14	10	15	-8
Other Non-Operating Income (Expenses)	128	123	-9	-1	1	-1
EBT Excluding Unusual Items	1,121	1,220	869	456	375	617
Total Merger & Restructuring Charges	1	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-27	-65
Gain (Loss) on Sale of Investments	14	10	-5	-205	-113	-1
Gain (Loss) on Sale of Assets	-	-	1	13	-2	104
Asset Writedown	-	-	-	-	-73	-208
Other Unusual Items	8	-	-	10	51	1
Pretax Income	1,144	1,230	865	274	211	448
Income Tax Expense	168	182	138	123	32	115
Earnings From Continuing Ops.	976	1,048	727	151	179	333
Earnings From Discontinued Ops.	-	-78	144	149	-1,154	-58
Net Income to Company	976	970	871	300	-975	275
Minority Interest in Earnings	-24	-28	-23	-21	-22	-28
Net Income	952	942	848	279	-997	247
Preferred Dividends & Other Adjustments	-	-	-	-	17	36
Net Income to Common	952	942	848	279	-1,014	211
Net Income Growth	7.21%	11.08%	203.94%	-	-	-28.82%
Shares Outstanding (Basic)	1,782	1,783	1,782	1,784	1,785	1,786
Shares Outstanding (Diluted)	1,807	1,812	1,821	1,806	1,800	1,797
Shares Change (YoY)	-0.52%	-0.49%	0.83%	0.33%	0.17%	0.06%
EPS (Basic)	0.53	0.53	0.48	0.16	-0.57	0.12
EPS (Diluted)	0.53	0.52	0.47	0.15	-0.56	0.12
EPS Growth	7.75%	11.63%	201.41%	-	-	-30.45%
Free Cash Flow	231	655	1,044	937	173	52
Free Cash Flow Per Share	0.13	0.36	0.57	0.52	0.10	0.03
Dividend Per Share	0.140	0.130	0.080	0.050	0.040	0.050
Dividend Growth	55.56%	62.50%	60.00%	25.00%	-20.00%	25.00%
Profit Margin	14.44%	13.38%	10.84%	4.35%	-18.62%	3.13%
Free Cash Flow Margin	3.50%	9.30%	13.34%	14.62%	3.18%	0.77%
EBITDA	1,504	1,613	1,231	812	1,013	1,518
EBITDA Margin	22.82%	22.91%	15.73%	12.67%	18.60%	22.54%
D&A For EBITDA	433	429	349	305	429	639
EBIT	1,071	1,184	882	507	584	879
EBIT Margin	16.25%	16.81%	11.27%	7.91%	10.72%	13.05%
Effective Tax Rate	14.69%	14.80%	15.95%	44.89%	15.17%	25.67%

Source: S&P Capital IQ. Utility template. Financial Sources.