APAC Realty Ltd
SGX:CLN
Income Statement
Earnings Waterfall
APAC Realty Ltd
Revenue
|
554.5m
SGD
|
Cost of Revenue
|
-502.2m
SGD
|
Gross Profit
|
52.3m
SGD
|
Operating Expenses
|
-31.6m
SGD
|
Operating Income
|
20.7m
SGD
|
Other Expenses
|
-8.9m
SGD
|
Net Income
|
11.8m
SGD
|
Income Statement
APAC Realty Ltd
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 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||
Revenue |
284
N/A
|
295
+4%
|
325
+10%
|
351
+8%
|
397
+13%
|
435
+10%
|
458
+5%
|
468
+2%
|
420
-10%
|
392
-7%
|
356
-9%
|
340
-5%
|
365
+7%
|
374
+2%
|
389
+4%
|
576
+48%
|
735
+28%
|
719
-2%
|
700
-3%
|
619
-12%
|
554
-10%
|
|
Gross Profit | ||||||||||||||||||||||
Cost of Revenue |
(248)
|
(256)
|
(278)
|
(301)
|
(346)
|
(381)
|
(406)
|
(414)
|
(371)
|
(347)
|
(314)
|
(301)
|
(323)
|
(331)
|
(348)
|
(520)
|
(664)
|
(648)
|
(632)
|
(557)
|
(502)
|
|
Gross Profit |
36
N/A
|
39
+7%
|
47
+20%
|
51
+8%
|
51
+1%
|
54
+5%
|
52
-2%
|
53
+2%
|
49
-9%
|
46
-6%
|
42
-8%
|
39
-9%
|
42
+9%
|
43
+2%
|
42
-2%
|
56
+35%
|
71
+26%
|
71
0%
|
69
-3%
|
61
-11%
|
52
-15%
|
|
Operating Income | ||||||||||||||||||||||
Operating Expenses |
(17)
|
(18)
|
(21)
|
(23)
|
(20)
|
(21)
|
(21)
|
(21)
|
(19)
|
(21)
|
(22)
|
(22)
|
(23)
|
(22)
|
(20)
|
(23)
|
(27)
|
(28)
|
(31)
|
(37)
|
(32)
|
|
Selling, General & Administrative |
(16)
|
(14)
|
(14)
|
(16)
|
(22)
|
(19)
|
(18)
|
(18)
|
(22)
|
(16)
|
(17)
|
(17)
|
(18)
|
(19)
|
(18)
|
(19)
|
(23)
|
(23)
|
(25)
|
(29)
|
(28)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
|
Other Operating Expenses |
1
|
(2)
|
(4)
|
(6)
|
4
|
(1)
|
(1)
|
(1)
|
4
|
(2)
|
(3)
|
(2)
|
(2)
|
(0)
|
1
|
0
|
0
|
0
|
(1)
|
(3)
|
1
|
|
Operating Income |
19
N/A
|
22
+11%
|
26
+23%
|
28
+6%
|
31
+11%
|
33
+7%
|
31
-5%
|
33
+5%
|
29
-10%
|
25
-15%
|
20
-20%
|
16
-19%
|
19
+13%
|
21
+11%
|
22
+5%
|
33
+55%
|
44
+32%
|
43
-3%
|
37
-13%
|
24
-36%
|
21
-14%
|
|
Pre-Tax Income | ||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(4)
|
(5)
|
(2)
|
|
Non-Reccuring Items |
(0)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(5)
|
|
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)
|
|
Total Other Income |
0
|
0
|
(1)
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
18
N/A
|
21
+14%
|
26
+25%
|
26
+2%
|
29
+12%
|
32
+8%
|
31
-1%
|
33
+5%
|
29
-11%
|
24
-17%
|
19
-22%
|
15
-21%
|
17
+14%
|
20
+16%
|
20
-2%
|
31
+58%
|
43
+38%
|
42
0%
|
33
-23%
|
19
-44%
|
14
-27%
|
|
Net Income | ||||||||||||||||||||||
Tax Provision |
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(5)
|
(7)
|
(8)
|
(6)
|
(4)
|
(3)
|
|
Income from Continuing Operations |
16
|
18
|
23
|
23
|
26
|
28
|
27
|
28
|
24
|
20
|
16
|
13
|
14
|
17
|
16
|
26
|
35
|
35
|
26
|
14
|
11
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
|
Net Income (Common) |
16
N/A
|
18
+13%
|
23
+26%
|
23
+2%
|
26
+13%
|
28
+7%
|
27
-3%
|
28
+4%
|
24
-14%
|
20
-17%
|
16
-22%
|
13
-20%
|
14
+11%
|
17
+19%
|
16
-1%
|
26
+57%
|
35
+38%
|
35
-1%
|
27
-24%
|
15
-44%
|
12
-21%
|
|
EPS (Diluted) |
0.04
N/A
|
0.05
+25%
|
0.07
+40%
|
0.07
N/A
|
0.08
+14%
|
0.09
+13%
|
0.08
-11%
|
0.08
N/A
|
0.07
-13%
|
0.05
-29%
|
0.04
-20%
|
0.04
N/A
|
0.04
N/A
|
0.05
+25%
|
0.05
N/A
|
0.07
+40%
|
0.1
+43%
|
0.1
N/A
|
0.07
-30%
|
0.04
-43%
|
0.03
-25%
|