
First Resources Ltd
SGX:EB5

Income Statement
Earnings Waterfall
First Resources Ltd
Revenue
|
1B
USD
|
Cost of Revenue
|
-633.2m
USD
|
Gross Profit
|
405.6m
USD
|
Operating Expenses
|
-91.3m
USD
|
Operating Income
|
314.3m
USD
|
Other Expenses
|
-68.5m
USD
|
Net Income
|
245.8m
USD
|
Income Statement
First Resources Ltd
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 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
26
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
18
|
9
|
17
|
16
|
15
|
12
|
11
|
10
|
8
|
9
|
13
|
|
Revenue |
621
N/A
|
628
+1%
|
603
-4%
|
613
+2%
|
580
-5%
|
581
+0%
|
626
+8%
|
630
+1%
|
622
-1%
|
618
-1%
|
616
0%
|
534
-13%
|
541
+1%
|
500
-8%
|
454
-9%
|
471
+4%
|
487
+4%
|
531
+9%
|
575
+8%
|
656
+14%
|
655
0%
|
641
-2%
|
647
+1%
|
588
-9%
|
635
+8%
|
669
+5%
|
633
-5%
|
647
+2%
|
610
-6%
|
576
-6%
|
615
+7%
|
600
-2%
|
660
+10%
|
795
+20%
|
1 032
+30%
|
1 155
+12%
|
1 225
+6%
|
1 139
-7%
|
981
-14%
|
989
+1%
|
1 039
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(230)
|
(226)
|
(221)
|
(220)
|
(203)
|
(216)
|
(245)
|
(278)
|
(281)
|
(288)
|
(292)
|
(232)
|
(244)
|
(223)
|
(234)
|
(257)
|
(273)
|
(302)
|
(328)
|
(332)
|
(330)
|
(325)
|
(362)
|
(310)
|
(336)
|
(357)
|
(376)
|
(394)
|
(388)
|
(375)
|
(388)
|
(352)
|
(396)
|
(525)
|
(726)
|
(715)
|
(699)
|
(701)
|
(665)
|
(644)
|
(633)
|
|
Gross Profit |
391
N/A
|
402
+3%
|
382
-5%
|
393
+3%
|
377
-4%
|
366
-3%
|
382
+4%
|
351
-8%
|
341
-3%
|
330
-3%
|
323
-2%
|
302
-7%
|
296
-2%
|
276
-7%
|
220
-20%
|
213
-3%
|
214
+1%
|
229
+7%
|
247
+8%
|
324
+31%
|
325
+0%
|
316
-3%
|
285
-10%
|
278
-2%
|
299
+8%
|
311
+4%
|
257
-17%
|
254
-1%
|
222
-13%
|
202
-9%
|
227
+13%
|
248
+9%
|
264
+7%
|
270
+2%
|
307
+13%
|
439
+43%
|
526
+20%
|
438
-17%
|
316
-28%
|
345
+9%
|
406
+18%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(46)
|
(46)
|
(85)
|
(47)
|
(40)
|
(38)
|
(71)
|
(38)
|
(33)
|
(29)
|
(54)
|
(50)
|
(53)
|
(55)
|
(51)
|
(68)
|
(71)
|
(72)
|
(53)
|
(61)
|
(60)
|
(62)
|
(56)
|
(80)
|
(87)
|
(92)
|
(67)
|
(89)
|
(86)
|
(83)
|
(80)
|
(79)
|
(78)
|
(102)
|
(78)
|
(73)
|
(97)
|
(107)
|
(116)
|
(111)
|
(91)
|
|
Selling, General & Administrative |
(84)
|
(84)
|
(83)
|
(81)
|
(74)
|
(72)
|
(69)
|
(66)
|
(61)
|
(57)
|
(53)
|
(50)
|
(53)
|
(55)
|
(45)
|
(67)
|
(71)
|
(71)
|
(47)
|
(73)
|
(72)
|
(73)
|
(50)
|
(76)
|
(82)
|
(88)
|
(61)
|
(83)
|
(81)
|
(77)
|
(77)
|
(78)
|
(79)
|
(104)
|
(83)
|
(85)
|
(90)
|
(96)
|
(95)
|
(92)
|
(86)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(3)
|
(0)
|
(3)
|
(0)
|
(3)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(2)
|
|
Other Operating Expenses |
38
|
38
|
(2)
|
34
|
34
|
34
|
(2)
|
28
|
28
|
28
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
12
|
12
|
12
|
(2)
|
(4)
|
(4)
|
(5)
|
(2)
|
(6)
|
(5)
|
(5)
|
(1)
|
(1)
|
3
|
2
|
8
|
12
|
(5)
|
(10)
|
(19)
|
(18)
|
(3)
|
|
Operating Income |
345
N/A
|
355
+3%
|
298
-16%
|
346
+16%
|
337
-3%
|
328
-3%
|
311
-5%
|
314
+1%
|
308
-2%
|
301
-2%
|
269
-11%
|
252
-6%
|
244
-3%
|
222
-9%
|
169
-24%
|
145
-14%
|
143
-2%
|
157
+10%
|
195
+24%
|
263
+35%
|
265
+1%
|
255
-4%
|
229
-10%
|
198
-14%
|
213
+7%
|
220
+3%
|
191
-13%
|
165
-13%
|
135
-18%
|
119
-12%
|
147
+24%
|
169
+15%
|
186
+10%
|
168
-10%
|
229
+36%
|
366
+60%
|
429
+17%
|
331
-23%
|
199
-40%
|
234
+17%
|
314
+34%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(26)
|
(27)
|
(10)
|
(7)
|
(18)
|
(31)
|
(27)
|
(24)
|
(22)
|
(14)
|
(18)
|
(21)
|
(21)
|
(25)
|
(23)
|
(24)
|
(22)
|
(20)
|
(24)
|
(21)
|
(22)
|
(19)
|
(16)
|
(14)
|
(9)
|
(7)
|
(8)
|
(11)
|
(14)
|
(16)
|
(22)
|
(22)
|
(33)
|
(21)
|
(2)
|
(5)
|
8
|
(3)
|
(3)
|
5
|
(5)
|
|
Non-Reccuring Items |
0
|
0
|
36
|
0
|
0
|
0
|
30
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
13
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
8
|
4
|
4
|
7
|
16
|
1
|
(11)
|
6
|
(1)
|
11
|
23
|
|
Total Other Income |
2
|
2
|
2
|
1
|
1
|
0
|
0
|
2
|
(1)
|
1
|
(1)
|
(3)
|
(1)
|
(2)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(2)
|
(3)
|
(2)
|
(2)
|
2
|
3
|
3
|
3
|
(2)
|
(3)
|
(0)
|
2
|
3
|
2
|
2
|
7
|
2
|
(8)
|
(2)
|
|
Pre-Tax Income |
321
N/A
|
331
+3%
|
326
-1%
|
341
+4%
|
320
-6%
|
297
-7%
|
314
+5%
|
292
-7%
|
286
-2%
|
287
+1%
|
252
-12%
|
227
-10%
|
222
-2%
|
196
-12%
|
145
-26%
|
120
-17%
|
120
0%
|
136
+14%
|
183
+34%
|
242
+32%
|
243
+0%
|
236
-3%
|
209
-11%
|
181
-13%
|
202
+11%
|
210
+4%
|
181
-14%
|
158
-13%
|
124
-21%
|
105
-15%
|
131
+24%
|
148
+13%
|
157
+6%
|
156
-1%
|
246
+58%
|
363
+48%
|
428
+18%
|
341
-20%
|
197
-42%
|
242
+23%
|
330
+37%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(82)
|
(78)
|
(78)
|
(78)
|
(72)
|
(63)
|
(67)
|
(64)
|
(69)
|
(79)
|
(71)
|
(68)
|
(65)
|
(54)
|
(45)
|
(40)
|
(38)
|
(46)
|
(51)
|
(65)
|
(69)
|
(66)
|
(64)
|
(57)
|
(64)
|
(65)
|
(53)
|
(47)
|
(34)
|
(27)
|
(38)
|
(44)
|
(49)
|
(55)
|
(70)
|
(89)
|
(88)
|
(65)
|
(45)
|
(55)
|
(72)
|
|
Income from Continuing Operations |
239
|
253
|
248
|
262
|
248
|
234
|
246
|
228
|
216
|
208
|
181
|
159
|
158
|
142
|
100
|
80
|
82
|
90
|
132
|
177
|
174
|
170
|
145
|
124
|
138
|
145
|
128
|
111
|
90
|
78
|
93
|
104
|
107
|
101
|
176
|
275
|
339
|
276
|
152
|
187
|
258
|
|
Income to Minority Interest |
(11)
|
(11)
|
(11)
|
(11)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(9)
|
(7)
|
(6)
|
(6)
|
(5)
|
(4)
|
(3)
|
(4)
|
(5)
|
(6)
|
(9)
|
(9)
|
(8)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(6)
|
(5)
|
(4)
|
(4)
|
(5)
|
(8)
|
(12)
|
(15)
|
(18)
|
(14)
|
(8)
|
(7)
|
(9)
|
(12)
|
|
Net Income (Common) |
229
N/A
|
242
+6%
|
237
-2%
|
252
+6%
|
239
-5%
|
226
-5%
|
238
+5%
|
220
-8%
|
208
-5%
|
200
-4%
|
173
-13%
|
153
-12%
|
152
-1%
|
137
-10%
|
96
-30%
|
77
-20%
|
78
+1%
|
85
+10%
|
125
+47%
|
169
+34%
|
166
-2%
|
162
-2%
|
138
-15%
|
117
-15%
|
130
+11%
|
137
+5%
|
120
-12%
|
105
-13%
|
86
-18%
|
74
-13%
|
89
+20%
|
99
+11%
|
100
+1%
|
89
-11%
|
161
+81%
|
257
+59%
|
325
+27%
|
269
-17%
|
145
-46%
|
178
+22%
|
246
+38%
|
|
EPS (Diluted) |
0.14
N/A
|
0.15
+7%
|
0.15
N/A
|
0.16
+7%
|
0.15
-6%
|
0.14
-7%
|
0.14
N/A
|
0.13
-7%
|
0.13
N/A
|
0.13
N/A
|
0.12
-8%
|
0.11
-8%
|
0.11
N/A
|
0.1
-9%
|
0.06
-40%
|
0.05
-17%
|
0.05
N/A
|
0.05
N/A
|
0.08
+60%
|
0.11
+38%
|
0.1
-9%
|
0.1
N/A
|
0.09
-10%
|
0.07
-22%
|
0.08
+14%
|
0.08
N/A
|
0.08
N/A
|
0.06
-25%
|
0.05
-17%
|
0.05
N/A
|
0.06
+20%
|
0.06
N/A
|
0.06
N/A
|
0.06
N/A
|
0.1
+67%
|
0.16
+60%
|
0.21
+31%
|
0.17
-19%
|
0.09
-47%
|
0.11
+22%
|
0.16
+45%
|