SGX:8C8U 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Rental Revenue	121.56	160.73	128.06	105.06
Other Revenue	0.03	-	0.74	0.2
Total Revenue	121.6	160.73	128.8	105.26
Revenue Growth (YoY	-24.35%	24.79%	22.37%	-
Property Expenses	41.86	63.33	53.54	42.14
Selling, General & Administrative	4.04	4.09	3.43	3.2
Other Operating Expenses	0.65	-	-	-
Total Operating Expenses	46.76	67.42	56.97	45.33
Operating Income	74.84	93.31	71.83	59.92
Interest Expense	-8.94	-17.04	-16.79	-17.08
Interest & Investment Income	-	0.6	-	-
Other Non-Operating Income	-12.91	-0.21	-0.17	-8.2
EBT Excluding Unusual Items	52.98	76.67	54.87	34.65
Asset Writedown	-27.32	-	-	-31.5
Pretax Income	25.67	76.67	54.87	3.15
Income Tax Expense	2.4	3.13	2.24	2.11
Net Income	23.27	73.54	52.63	1.03
Net Income to Common	23.27	73.54	52.63	1.03
Net Income Growth	-68.36%	39.73%	4994.68%	-
Basic Shares Outstanding	1,719	-	-	-
Diluted Shares Outstanding	1,720	-	-	-
EPS (Basic)	0.01	-	-	-
EPS (Diluted)	0.01	-	-	-
Dividend Per Share	0.042	-	-	-
Operating Margin	61.55%	58.05%	55.77%	56.93%
Profit Margin	19.13%	45.75%	40.86%	0.98%
EBIT	74.84	93.31	71.83	59.92
EBIT Margin	61.55%	58.05%	55.77%	56.93%
Effective Tax Rate	9.34%	4.08%	4.09%	67.16%

Source: S&P Capital IQ. Real Estate template. Financial Sources.