Bund Center Investment Ltd
SGX:BTE
Income Statement
Earnings Waterfall
Bund Center Investment Ltd
Income Statement
Bund Center Investment Ltd
| Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | 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 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
9
|
7
|
6
|
5
|
3
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
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
|
0
|
0
|
|
| Revenue |
135
N/A
|
132
-3%
|
133
+1%
|
135
+1%
|
135
+0%
|
134
-1%
|
127
-5%
|
121
-5%
|
120
-1%
|
120
-1%
|
119
0%
|
117
-2%
|
115
-2%
|
114
-1%
|
114
0%
|
116
+2%
|
120
+3%
|
122
+2%
|
126
+3%
|
127
+1%
|
130
+2%
|
133
+3%
|
136
+2%
|
140
+2%
|
141
+1%
|
140
-1%
|
137
-2%
|
133
-3%
|
129
-3%
|
127
-2%
|
125
-2%
|
124
-1%
|
123
-1%
|
122
-1%
|
121
-1%
|
120
-1%
|
119
-1%
|
116
-3%
|
113
-2%
|
112
-1%
|
110
-1%
|
85
-23%
|
77
-9%
|
69
-11%
|
106
+54%
|
100
-6%
|
101
+1%
|
83
-17%
|
84
+0%
|
77
-8%
|
74
-4%
|
68
-8%
|
68
+1%
|
74
+9%
|
79
+6%
|
84
+6%
|
85
+2%
|
86
+0%
|
84
-1%
|
84
+0%
|
82
-3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(70)
|
(67)
|
(65)
|
(66)
|
(67)
|
(66)
|
(66)
|
(64)
|
(65)
|
(65)
|
(65)
|
(64)
|
(62)
|
(61)
|
(61)
|
(61)
|
(63)
|
(64)
|
(64)
|
(63)
|
(63)
|
(64)
|
(66)
|
(68)
|
(68)
|
(68)
|
(66)
|
(63)
|
(60)
|
(58)
|
(58)
|
(58)
|
(58)
|
(58)
|
(58)
|
(57)
|
(57)
|
(56)
|
(55)
|
(54)
|
(53)
|
(46)
|
(45)
|
(44)
|
(68)
|
(61)
|
(62)
|
(51)
|
(51)
|
(47)
|
(45)
|
(43)
|
(42)
|
(45)
|
(46)
|
(48)
|
(48)
|
(49)
|
(48)
|
(48)
|
(47)
|
|
| Gross Profit |
66
N/A
|
64
-2%
|
68
+6%
|
69
+2%
|
69
-1%
|
67
-2%
|
61
-9%
|
57
-8%
|
55
-3%
|
55
-1%
|
55
0%
|
54
-2%
|
53
-1%
|
53
-1%
|
53
+1%
|
55
+4%
|
56
+3%
|
59
+4%
|
62
+6%
|
64
+3%
|
66
+3%
|
69
+3%
|
71
+3%
|
72
+2%
|
73
+1%
|
71
-2%
|
71
-1%
|
70
-1%
|
69
-2%
|
69
0%
|
67
-2%
|
65
-3%
|
65
0%
|
64
-2%
|
63
-2%
|
63
0%
|
62
-1%
|
60
-3%
|
58
-2%
|
58
-1%
|
57
-1%
|
39
-33%
|
33
-16%
|
25
-24%
|
38
+54%
|
39
+1%
|
38
0%
|
32
-16%
|
33
+2%
|
30
-10%
|
28
-4%
|
24
-14%
|
26
+6%
|
30
+14%
|
32
+10%
|
36
+11%
|
37
+3%
|
37
+1%
|
36
-3%
|
36
+1%
|
35
-4%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(21)
|
(20)
|
(21)
|
(21)
|
(26)
|
(25)
|
(25)
|
(25)
|
(23)
|
(24)
|
(24)
|
(25)
|
(24)
|
(24)
|
(24)
|
(26)
|
(26)
|
(27)
|
(27)
|
(26)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(30)
|
(30)
|
(29)
|
(29)
|
(28)
|
(29)
|
(28)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(25)
|
(26)
|
(21)
|
(19)
|
(18)
|
(28)
|
(26)
|
(26)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(18)
|
(20)
|
(21)
|
(23)
|
(23)
|
(24)
|
(23)
|
(23)
|
(23)
|
|
| Selling, General & Administrative |
(21)
|
(20)
|
(21)
|
(21)
|
(26)
|
(25)
|
(25)
|
(25)
|
(23)
|
(24)
|
(24)
|
(25)
|
(24)
|
(24)
|
(24)
|
(26)
|
(26)
|
(27)
|
(27)
|
(26)
|
(27)
|
(28)
|
(29)
|
(30)
|
(31)
|
(30)
|
(30)
|
(29)
|
(29)
|
(28)
|
(29)
|
(28)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(26)
|
(26)
|
(25)
|
(26)
|
(21)
|
(19)
|
(18)
|
(28)
|
(26)
|
(26)
|
(21)
|
(21)
|
(20)
|
(19)
|
(19)
|
(18)
|
(20)
|
(21)
|
(23)
|
(23)
|
(24)
|
(23)
|
(23)
|
(23)
|
|
| Other Operating Expenses |
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)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
|
| Operating Income |
45
N/A
|
44
-1%
|
47
+7%
|
48
+2%
|
43
-11%
|
42
-2%
|
36
-14%
|
32
-12%
|
32
+1%
|
31
-4%
|
31
0%
|
29
-6%
|
29
+0%
|
29
-1%
|
29
+0%
|
29
+1%
|
30
+3%
|
32
+7%
|
35
+10%
|
39
+10%
|
40
+2%
|
40
+2%
|
42
+3%
|
42
+1%
|
42
-1%
|
41
-1%
|
41
0%
|
41
0%
|
40
-2%
|
40
+1%
|
39
-4%
|
37
-4%
|
38
+3%
|
37
-3%
|
37
-1%
|
36
-1%
|
35
-3%
|
34
-4%
|
33
-4%
|
32
-1%
|
32
-2%
|
18
-45%
|
13
-24%
|
7
-50%
|
10
+50%
|
13
+26%
|
13
+0%
|
11
-14%
|
12
+6%
|
10
-13%
|
9
-9%
|
6
-37%
|
8
+35%
|
10
+25%
|
11
+14%
|
13
+19%
|
13
+3%
|
13
+0%
|
13
-5%
|
13
+4%
|
12
-12%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(11)
|
(11)
|
(9)
|
(6)
|
0
|
3
|
4
|
3
|
4
|
5
|
3
|
4
|
5
|
4
|
5
|
4
|
10
|
4
|
3
|
4
|
10
|
3
|
3
|
2
|
(3)
|
3
|
2
|
2
|
(1)
|
1
|
2
|
2
|
1
|
3
|
4
|
4
|
1
|
5
|
5
|
5
|
6
|
4
|
4
|
9
|
7
|
7
|
7
|
5
|
5
|
6
|
6
|
3
|
5
|
5
|
5
|
5
|
5
|
5
|
6
|
4
|
5
|
|
| 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
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
|
| Gain/Loss on Disposition of Assets |
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
|
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 |
4
|
6
|
6
|
6
|
5
|
8
|
6
|
6
|
6
|
2
|
7
|
6
|
7
|
9
|
11
|
12
|
5
|
8
|
6
|
2
|
7
|
15
|
15
|
15
|
6
|
1
|
(1)
|
2
|
6
|
7
|
1
|
4
|
7
|
5
|
6
|
3
|
5
|
2
|
5
|
3
|
6
|
2
|
7
|
0
|
10
|
11
|
8
|
5
|
5
|
2
|
(0)
|
4
|
1
|
3
|
4
|
3
|
1
|
3
|
2
|
4
|
1
|
|
| Pre-Tax Income |
39
N/A
|
39
-1%
|
44
+14%
|
49
+10%
|
48
-2%
|
53
+11%
|
46
-13%
|
40
-12%
|
42
+5%
|
37
-12%
|
41
+10%
|
39
-4%
|
41
+3%
|
41
+2%
|
45
+8%
|
45
+1%
|
45
-1%
|
43
-3%
|
44
+1%
|
45
+2%
|
56
+25%
|
58
+3%
|
60
+3%
|
58
-3%
|
45
-22%
|
45
-1%
|
43
-4%
|
46
+6%
|
46
0%
|
49
+7%
|
42
-15%
|
43
+2%
|
46
+8%
|
44
-4%
|
46
+4%
|
44
-4%
|
42
-5%
|
41
-1%
|
42
+2%
|
41
-3%
|
43
+6%
|
24
-45%
|
25
+3%
|
16
-35%
|
27
+71%
|
31
+13%
|
27
-12%
|
21
-25%
|
22
+6%
|
17
-21%
|
15
-15%
|
13
-9%
|
14
+7%
|
18
+23%
|
19
+11%
|
21
+8%
|
20
-6%
|
22
+10%
|
20
-7%
|
23
+11%
|
18
-20%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(7)
|
(7)
|
(9)
|
(11)
|
(14)
|
(15)
|
(14)
|
(13)
|
(12)
|
(10)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(12)
|
(14)
|
(14)
|
(19)
|
(20)
|
(22)
|
(22)
|
(18)
|
(18)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(16)
|
(16)
|
(16)
|
(15)
|
(16)
|
(15)
|
(15)
|
(14)
|
(14)
|
(15)
|
(15)
|
(9)
|
(8)
|
(6)
|
(10)
|
(11)
|
(10)
|
(9)
|
(9)
|
(9)
|
(11)
|
(10)
|
(11)
|
(10)
|
(9)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(8)
|
|
| Income from Continuing Operations |
32
|
31
|
35
|
37
|
34
|
38
|
33
|
27
|
30
|
27
|
28
|
26
|
27
|
28
|
31
|
33
|
31
|
29
|
25
|
25
|
35
|
36
|
41
|
41
|
30
|
29
|
28
|
30
|
28
|
31
|
26
|
26
|
30
|
29
|
30
|
29
|
27
|
27
|
28
|
26
|
28
|
15
|
16
|
10
|
17
|
20
|
17
|
12
|
13
|
8
|
4
|
3
|
3
|
8
|
10
|
11
|
11
|
12
|
11
|
14
|
10
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Net Income (Common) |
31
N/A
|
30
-1%
|
34
+12%
|
36
+6%
|
32
-11%
|
36
+13%
|
31
-14%
|
26
-16%
|
29
+12%
|
26
-11%
|
27
+4%
|
25
-8%
|
26
+4%
|
26
+1%
|
30
+15%
|
32
+5%
|
30
-6%
|
28
-6%
|
24
-16%
|
24
0%
|
33
+39%
|
35
+5%
|
40
+15%
|
39
-2%
|
29
-27%
|
28
-2%
|
26
-5%
|
28
+7%
|
27
-4%
|
29
+8%
|
25
-15%
|
25
+1%
|
29
+15%
|
28
-3%
|
29
+3%
|
28
-4%
|
27
-4%
|
26
-1%
|
27
+2%
|
25
-6%
|
28
+10%
|
14
-49%
|
16
+13%
|
10
-40%
|
17
+76%
|
20
+17%
|
17
-15%
|
12
-31%
|
12
+8%
|
7
-41%
|
4
-51%
|
3
-29%
|
3
+10%
|
7
+153%
|
10
+40%
|
11
+10%
|
10
-7%
|
12
+17%
|
11
-12%
|
14
+27%
|
10
-30%
|
|
| EPS (Diluted) |
0.04
N/A
|
0.04
N/A
|
0.05
+25%
|
0.05
N/A
|
0.04
-20%
|
0.05
+25%
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.03
N/A
|
0.04
+33%
|
0.05
+25%
|
0.04
-20%
|
0.05
+25%
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.05
+25%
|
0.06
+20%
|
0.06
N/A
|
0.04
-33%
|
0.05
+25%
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.04
+33%
|
0.02
-50%
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.03
+50%
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.02
+100%
|
0.01
-50%
|
0.02
+100%
|
0.01
-50%
|
|