SGX:SHE 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	227.91	7.87	264.75	1.28
Total Revenue	227.91	7.87	264.75	1.28
Revenue Growth (YoY	2794.15%	-97.03%	20644.96%	-
Property Expenses	153.53	4.09	198.35	1
Selling, General & Administrative	28.31	1.02	31.24	0.63
Total Operating Expenses	181.84	5.11	229.59	1.63
Operating Income	46.07	2.77	35.16	-0.35
Interest Expense	-0.64	-0.32	-0.06	-0.09
Interest & Investment Income	0.13	0	0.13	0.01
Other Non-Operating Income	1.05	0.09	0.17	0.04
EBT Excluding Unusual Items	46.61	2.54	35.4	-0.39
Gain (Loss) on Sale of Assets	2.08	0.75	-	-
Asset Writedown	-0.01	-	-	-
Other Unusual Items	-2.23	-	-	-
Pretax Income	46.44	3.29	35.4	-0.39
Income Tax Expense	8.53	0.03	6.02	-3.03
Net Income	37.91	3.26	29.38	2.64
Net Income to Common	37.91	3.26	29.38	2.64
Net Income Growth	1063.50%	-88.91%	1011.57%	-
Basic Shares Outstanding	258	244	244	244
Diluted Shares Outstanding	258	244	244	244
Shares Change (YoY)	5.66%	-	-	-
EPS (Basic)	0.15	0.01	0.12	0.01
EPS (Diluted)	0.15	0.01	0.12	0.01
EPS Growth	1001.15%	-88.91%	1011.60%	-
Dividend Per Share	0.030	-	-	-
Operating Margin	20.21%	35.12%	13.28%	-27.42%
Profit Margin	16.63%	41.38%	11.10%	207.11%
EBITDA	48.01	3.58	35.98	0.47
EBITDA Margin	21.07%	45.49%	13.59%	37.04%
D&A For Ebitda	1.94	0.82	0.82	0.82
EBIT	46.07	2.77	35.16	-0.35
EBIT Margin	20.21%	35.12%	13.28%	-27.42%
Effective Tax Rate	18.36%	1.05%	17.01%	-

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