Hour Glass Ltd
SGX:AGS
Income Statement
Earnings Waterfall
Hour Glass Ltd
Revenue
|
1.1B
SGD
|
Cost of Revenue
|
-755.7m
SGD
|
Gross Profit
|
370.1m
SGD
|
Operating Expenses
|
-169.6m
SGD
|
Operating Income
|
200.5m
SGD
|
Other Expenses
|
-35.7m
SGD
|
Net Income
|
164.8m
SGD
|
Income Statement
Hour Glass Ltd
Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
609
N/A
|
606
0%
|
603
-1%
|
591
-2%
|
602
+2%
|
621
+3%
|
641
+3%
|
663
+3%
|
683
+3%
|
685
+0%
|
690
+1%
|
697
+1%
|
735
+5%
|
737
+0%
|
748
+1%
|
748
0%
|
708
-5%
|
696
-2%
|
684
-2%
|
694
+1%
|
696
+0%
|
712
+2%
|
722
+1%
|
709
-2%
|
692
-2%
|
708
+2%
|
710
+0%
|
716
+1%
|
721
+1%
|
728
+1%
|
747
+3%
|
756
+1%
|
749
-1%
|
658
-12%
|
743
+13%
|
926
+25%
|
1 206
+30%
|
1 033
-14%
|
1 397
+35%
|
1 123
-20%
|
1 126
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(461)
|
(458)
|
(455)
|
(446)
|
(458)
|
(474)
|
(492)
|
(513)
|
(526)
|
(529)
|
(533)
|
(538)
|
(569)
|
(567)
|
(576)
|
(572)
|
(540)
|
(531)
|
(523)
|
(535)
|
(538)
|
(554)
|
(560)
|
(546)
|
(525)
|
(532)
|
(527)
|
(528)
|
(526)
|
(527)
|
(539)
|
(542)
|
(534)
|
(468)
|
(526)
|
(646)
|
(826)
|
(696)
|
(918)
|
(746)
|
(756)
|
|
Gross Profit |
148
N/A
|
149
+0%
|
148
0%
|
145
-2%
|
144
-1%
|
147
+2%
|
149
+1%
|
150
+1%
|
157
+4%
|
156
-1%
|
156
+0%
|
159
+1%
|
166
+5%
|
170
+2%
|
172
+1%
|
175
+2%
|
167
-5%
|
165
-1%
|
162
-2%
|
159
-2%
|
158
-1%
|
159
+1%
|
162
+2%
|
164
+1%
|
167
+2%
|
176
+6%
|
182
+3%
|
188
+3%
|
195
+4%
|
200
+3%
|
208
+4%
|
213
+3%
|
216
+1%
|
190
-12%
|
217
+15%
|
280
+29%
|
380
+36%
|
338
-11%
|
479
+42%
|
377
-21%
|
370
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(81)
|
(81)
|
(82)
|
(83)
|
(82)
|
(86)
|
(89)
|
(90)
|
(92)
|
(92)
|
(90)
|
(92)
|
(98)
|
(101)
|
(106)
|
(110)
|
(107)
|
(107)
|
(104)
|
(102)
|
(100)
|
(103)
|
(103)
|
(104)
|
(103)
|
(105)
|
(107)
|
(110)
|
(112)
|
(115)
|
(118)
|
(120)
|
(126)
|
(105)
|
(105)
|
(131)
|
(168)
|
(138)
|
(198)
|
(164)
|
(170)
|
|
Selling, General & Administrative |
(69)
|
(69)
|
(70)
|
(71)
|
(71)
|
(74)
|
(76)
|
(77)
|
(87)
|
(79)
|
(78)
|
(79)
|
(94)
|
(88)
|
(89)
|
(92)
|
(105)
|
(89)
|
(89)
|
(88)
|
(96)
|
(87)
|
(88)
|
(89)
|
(100)
|
(90)
|
(93)
|
(95)
|
(110)
|
(94)
|
(90)
|
(87)
|
(97)
|
(61)
|
(77)
|
(93)
|
(120)
|
(109)
|
(154)
|
(135)
|
(133)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(13)
|
(19)
|
(26)
|
(33)
|
(33)
|
(35)
|
(37)
|
0
|
(38)
|
(39)
|
(40)
|
(42)
|
|
Other Operating Expenses |
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(6)
|
(6)
|
2
|
(6)
|
(5)
|
(5)
|
4
|
(6)
|
(10)
|
(11)
|
4
|
(11)
|
(8)
|
(6)
|
4
|
(8)
|
(8)
|
(8)
|
3
|
(8)
|
(8)
|
(9)
|
3
|
(8)
|
(8)
|
(8)
|
4
|
(11)
|
7
|
(1)
|
(48)
|
10
|
(5)
|
12
|
5
|
|
Operating Income |
68
N/A
|
67
0%
|
66
-1%
|
62
-7%
|
62
+0%
|
61
-2%
|
60
-2%
|
60
N/A
|
65
+9%
|
64
-1%
|
66
+3%
|
67
+1%
|
68
+2%
|
69
+2%
|
67
-4%
|
66
-1%
|
60
-9%
|
58
-3%
|
57
-1%
|
57
0%
|
58
+1%
|
56
-3%
|
59
+5%
|
59
+0%
|
64
+7%
|
71
+12%
|
75
+5%
|
78
+4%
|
82
+6%
|
86
+5%
|
90
+5%
|
93
+3%
|
90
-3%
|
85
-6%
|
112
+33%
|
149
+32%
|
213
+43%
|
200
-6%
|
282
+41%
|
213
-24%
|
201
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
2
|
3
|
3
|
3
|
5
|
4
|
5
|
5
|
6
|
6
|
7
|
8
|
7
|
8
|
7
|
7
|
7
|
6
|
6
|
5
|
5
|
5
|
5
|
6
|
1
|
3
|
3
|
6
|
8
|
7
|
8
|
6
|
5
|
3
|
(4)
|
0
|
1
|
11
|
15
|
12
|
11
|
|
Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
(7)
|
0
|
(5)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
|
Total Other Income |
(1)
|
(2)
|
(0)
|
(2)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
69
N/A
|
71
+2%
|
70
-1%
|
65
-7%
|
66
+1%
|
65
-1%
|
64
-1%
|
64
0%
|
71
+10%
|
71
0%
|
74
+4%
|
75
+1%
|
75
+1%
|
78
+3%
|
74
-5%
|
73
-1%
|
67
-8%
|
64
-4%
|
64
-1%
|
62
-2%
|
63
+1%
|
61
-3%
|
64
+5%
|
65
+1%
|
65
+0%
|
74
+15%
|
78
+5%
|
83
+7%
|
90
+8%
|
93
+4%
|
99
+6%
|
99
+0%
|
95
-4%
|
89
-7%
|
110
+24%
|
150
+36%
|
213
+42%
|
205
-4%
|
296
+45%
|
220
-26%
|
211
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(13)
|
(13)
|
(12)
|
(12)
|
(11)
|
(11)
|
(12)
|
(15)
|
(14)
|
(15)
|
(15)
|
(16)
|
(16)
|
(15)
|
(14)
|
(13)
|
(13)
|
(14)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(16)
|
(17)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(18)
|
(16)
|
(25)
|
(32)
|
(49)
|
(48)
|
(71)
|
(45)
|
(45)
|
|
Income from Continuing Operations |
56
|
57
|
56
|
53
|
54
|
54
|
53
|
52
|
56
|
56
|
59
|
60
|
60
|
61
|
59
|
59
|
54
|
51
|
50
|
49
|
50
|
48
|
51
|
52
|
51
|
58
|
61
|
65
|
71
|
74
|
79
|
79
|
77
|
72
|
85
|
118
|
165
|
157
|
226
|
174
|
167
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
13
|
(2)
|
14
|
(2)
|
(2)
|
|
Net Income (Common) |
55
N/A
|
56
+1%
|
55
-1%
|
51
-6%
|
53
+3%
|
52
-1%
|
52
-1%
|
51
-2%
|
55
+8%
|
55
-1%
|
57
+4%
|
58
+2%
|
58
+0%
|
60
+4%
|
58
-4%
|
58
-1%
|
52
-9%
|
50
-4%
|
49
-3%
|
48
-2%
|
49
+2%
|
48
-2%
|
50
+5%
|
51
+2%
|
50
-2%
|
57
+15%
|
60
+5%
|
64
+7%
|
70
+10%
|
73
+4%
|
78
+6%
|
78
+0%
|
76
-2%
|
71
-7%
|
82
+16%
|
115
+40%
|
165
+43%
|
155
-6%
|
177
+14%
|
172
-2%
|
165
-4%
|
|
EPS (Diluted) |
0.08
N/A
|
0.08
N/A
|
0.07
-13%
|
0.06
-14%
|
0.07
+17%
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.08
+14%
|
0.07
-13%
|
0.08
+14%
|
0.08
N/A
|
0.08
N/A
|
0.08
N/A
|
0.07
-13%
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.07
N/A
|
0.08
+14%
|
0.08
N/A
|
0.07
-13%
|
0.09
+29%
|
0.09
N/A
|
0.1
+11%
|
0.1
N/A
|
0.1
N/A
|
0.11
+10%
|
0.11
N/A
|
0.11
N/A
|
0.1
-9%
|
0.12
+20%
|
0.16
+33%
|
0.23
+44%
|
0.22
-4%
|
0.26
+18%
|
0.26
N/A
|
0.25
-4%
|