BRC Asia Ltd
SGX:BEC
Income Statement
Earnings Waterfall
BRC Asia Ltd
Revenue
|
1.6B
SGD
|
Cost of Revenue
|
-1.5B
SGD
|
Gross Profit
|
139m
SGD
|
Operating Expenses
|
-41.7m
SGD
|
Operating Income
|
97.4m
SGD
|
Other Expenses
|
-21.6m
SGD
|
Net Income
|
75.7m
SGD
|
Income Statement
BRC Asia 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 | Dec-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Sep-2022 | Mar-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
313
N/A
|
348
+11%
|
389
+12%
|
412
+6%
|
430
+4%
|
432
+0%
|
425
-2%
|
413
-3%
|
410
-1%
|
404
-1%
|
397
-2%
|
400
+1%
|
409
+2%
|
403
-2%
|
385
-4%
|
372
-3%
|
344
-8%
|
340
-1%
|
347
+2%
|
338
-3%
|
327
-3%
|
309
-5%
|
310
+0%
|
331
+7%
|
371
+12%
|
446
+20%
|
567
+27%
|
704
+24%
|
827
+17%
|
891
+8%
|
913
+3%
|
902
-1%
|
903
+0%
|
612
-32%
|
1 058
+73%
|
1 105
+4%
|
1 169
+6%
|
1 962
+68%
|
1 699
-13%
|
1 623
-4%
|
1 627
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(287)
|
(318)
|
(351)
|
(365)
|
(371)
|
(368)
|
(361)
|
(348)
|
(348)
|
(345)
|
(343)
|
(351)
|
(365)
|
(362)
|
(353)
|
(344)
|
(321)
|
(316)
|
(318)
|
(309)
|
(297)
|
(287)
|
(291)
|
(309)
|
(349)
|
(423)
|
(522)
|
(650)
|
(765)
|
(809)
|
(837)
|
(813)
|
(802)
|
(546)
|
(943)
|
(999)
|
(1 087)
|
(1 811)
|
(1 546)
|
(1 485)
|
(1 488)
|
|
Gross Profit |
26
N/A
|
30
+16%
|
38
+25%
|
47
+25%
|
59
+26%
|
64
+8%
|
65
+1%
|
65
+1%
|
61
-6%
|
59
-3%
|
55
-8%
|
49
-11%
|
44
-9%
|
40
-9%
|
32
-21%
|
28
-13%
|
23
-16%
|
24
+4%
|
29
+19%
|
29
-1%
|
30
+5%
|
22
-26%
|
19
-13%
|
22
+12%
|
22
0%
|
23
+8%
|
45
+93%
|
54
+21%
|
62
+14%
|
82
+33%
|
77
-7%
|
90
+17%
|
101
+13%
|
66
-34%
|
115
+74%
|
106
-8%
|
82
-22%
|
151
+84%
|
154
+2%
|
138
-10%
|
139
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(12)
|
(12)
|
(18)
|
(20)
|
(22)
|
(23)
|
(23)
|
(24)
|
(24)
|
(24)
|
(21)
|
(22)
|
(19)
|
(20)
|
(17)
|
(17)
|
(20)
|
(18)
|
(19)
|
(19)
|
(15)
|
(15)
|
(16)
|
(16)
|
(17)
|
(24)
|
(26)
|
(28)
|
(28)
|
(29)
|
(30)
|
(32)
|
(38)
|
(27)
|
(50)
|
(47)
|
(33)
|
(55)
|
(47)
|
(41)
|
(42)
|
|
Selling, General & Administrative |
(10)
|
(11)
|
(12)
|
(14)
|
(16)
|
(17)
|
(18)
|
(19)
|
(18)
|
(17)
|
(18)
|
(17)
|
(16)
|
(15)
|
(14)
|
(12)
|
(11)
|
(11)
|
(12)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(12)
|
(16)
|
(18)
|
(21)
|
(20)
|
(19)
|
(21)
|
(19)
|
(24)
|
(15)
|
(31)
|
(28)
|
(27)
|
(44)
|
(37)
|
(33)
|
(33)
|
|
Other Operating Expenses |
(2)
|
(1)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(5)
|
(9)
|
(7)
|
(7)
|
(6)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(8)
|
(7)
|
(7)
|
(8)
|
(10)
|
(9)
|
(13)
|
(14)
|
(12)
|
(19)
|
(19)
|
(6)
|
(11)
|
(10)
|
(8)
|
(9)
|
|
Operating Income |
14
N/A
|
18
+28%
|
20
+13%
|
27
+38%
|
37
+38%
|
42
+11%
|
42
+1%
|
42
-1%
|
37
-11%
|
35
-5%
|
33
-5%
|
27
-18%
|
25
-7%
|
21
-17%
|
15
-27%
|
10
-33%
|
3
-70%
|
6
+97%
|
10
+65%
|
10
-3%
|
15
+52%
|
8
-50%
|
3
-55%
|
6
+70%
|
5
-21%
|
(1)
N/A
|
19
N/A
|
26
+37%
|
33
+27%
|
53
+59%
|
47
-12%
|
57
+23%
|
63
+10%
|
39
-38%
|
65
+67%
|
59
-10%
|
49
-16%
|
96
+95%
|
107
+11%
|
96
-10%
|
97
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
2
|
3
|
4
|
3
|
0
|
2
|
3
|
2
|
3
|
3
|
2
|
3
|
0
|
2
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(4)
|
(7)
|
(8)
|
(10)
|
(8)
|
(8)
|
(8)
|
(18)
|
(21)
|
(15)
|
6
|
4
|
(2)
|
(5)
|
(12)
|
|
Non-Reccuring Items |
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
|
1
|
0
|
0
|
(3)
|
(3)
|
6
|
7
|
7
|
3
|
6
|
3
|
1
|
6
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
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
|
0
|
0
|
|
Pre-Tax Income |
14
N/A
|
18
+28%
|
20
+8%
|
26
+34%
|
36
+38%
|
41
+12%
|
44
+7%
|
44
+1%
|
41
-7%
|
38
-8%
|
33
-12%
|
29
-13%
|
28
-3%
|
23
-18%
|
18
-19%
|
14
-26%
|
5
-64%
|
9
+76%
|
10
+15%
|
11
+11%
|
14
+23%
|
6
-58%
|
3
-48%
|
4
+26%
|
3
-16%
|
(2)
N/A
|
16
N/A
|
20
+27%
|
26
+31%
|
43
+66%
|
38
-12%
|
46
+21%
|
52
+13%
|
27
-48%
|
51
+90%
|
51
-1%
|
58
+15%
|
106
+81%
|
107
+2%
|
93
-14%
|
91
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(2)
|
(3)
|
(3)
|
(4)
|
(6)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(9)
|
(7)
|
(11)
|
(11)
|
(11)
|
(19)
|
(17)
|
(16)
|
(15)
|
|
Income from Continuing Operations |
12
|
15
|
17
|
22
|
30
|
34
|
36
|
36
|
34
|
31
|
28
|
25
|
24
|
20
|
15
|
12
|
5
|
8
|
8
|
9
|
11
|
4
|
2
|
3
|
3
|
(3)
|
12
|
15
|
21
|
37
|
32
|
38
|
43
|
20
|
40
|
40
|
47
|
87
|
90
|
77
|
76
|
|
Income to Minority Interest |
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
|
|
Net Income (Common) |
12
N/A
|
15
+27%
|
17
+9%
|
22
+33%
|
30
+36%
|
34
+12%
|
36
+6%
|
36
+1%
|
34
-7%
|
31
-7%
|
28
-9%
|
25
-13%
|
24
-4%
|
20
-17%
|
15
-22%
|
12
-24%
|
5
-62%
|
8
+71%
|
8
+8%
|
9
+9%
|
11
+19%
|
4
-64%
|
2
-46%
|
3
+32%
|
4
+29%
|
(3)
N/A
|
12
N/A
|
15
+31%
|
20
+28%
|
37
+85%
|
32
-14%
|
38
+21%
|
43
+12%
|
20
-52%
|
40
+96%
|
40
-1%
|
47
+19%
|
87
+85%
|
90
+4%
|
77
-15%
|
76
-1%
|
|
EPS (Diluted) |
0.08
N/A
|
0.1
+25%
|
0.1
N/A
|
0.13
+30%
|
0.17
+31%
|
0.19
+12%
|
0.2
+5%
|
0.2
N/A
|
0.19
-5%
|
0.18
-5%
|
0.15
-17%
|
0.13
-13%
|
0.12
-8%
|
0.09
-25%
|
0.08
-11%
|
0.06
-25%
|
0.02
-67%
|
0.04
+100%
|
0.04
N/A
|
0.05
+25%
|
0.06
+20%
|
0.02
-67%
|
0.01
-50%
|
0.01
N/A
|
0.01
N/A
|
-0.01
N/A
|
0.06
N/A
|
0.06
N/A
|
0.09
+50%
|
0.16
+78%
|
0.14
-13%
|
0.16
+14%
|
0.18
+13%
|
0.09
-50%
|
0.17
+89%
|
0.17
N/A
|
0.2
+18%
|
0.31
+55%
|
0.33
+6%
|
0.28
-15%
|
0.28
N/A
|