Ho Bee Land Ltd
SGX:H13
Income Statement
Earnings Waterfall
Ho Bee Land Ltd
Income Statement
Ho Bee Land Ltd
| Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | 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 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
19
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
32
|
0
|
0
|
0
|
28
|
0
|
0
|
0
|
44
|
0
|
0
|
0
|
55
|
0
|
45
|
21
|
42
|
55
|
92
|
138
|
168
|
173
|
160
|
0
|
|
| Revenue |
87
N/A
|
78
-10%
|
52
-34%
|
45
-13%
|
42
-8%
|
43
+2%
|
44
+2%
|
40
-8%
|
70
+75%
|
144
+106%
|
169
+18%
|
192
+14%
|
197
+2%
|
167
-15%
|
251
+50%
|
278
+11%
|
393
+41%
|
586
+49%
|
624
+7%
|
700
+12%
|
596
-15%
|
445
-25%
|
401
-10%
|
324
-19%
|
302
-7%
|
318
+5%
|
942
+196%
|
1 099
+17%
|
1 159
+6%
|
1 142
-2%
|
675
-41%
|
565
-16%
|
539
-5%
|
587
+9%
|
450
-23%
|
400
-11%
|
342
-15%
|
289
-15%
|
295
+2%
|
303
+3%
|
462
+52%
|
486
+5%
|
348
-28%
|
308
-11%
|
139
-55%
|
96
-31%
|
116
+22%
|
127
+9%
|
100
-22%
|
114
+14%
|
117
+3%
|
123
+5%
|
130
+6%
|
136
+5%
|
278
+104%
|
293
+5%
|
299
+2%
|
305
+2%
|
169
-44%
|
166
-2%
|
165
-1%
|
171
+4%
|
177
+4%
|
186
+5%
|
197
+6%
|
201
+2%
|
210
+5%
|
211
+0%
|
212
+1%
|
215
+1%
|
216
+0%
|
266
+23%
|
348
+31%
|
369
+6%
|
436
+18%
|
413
-5%
|
445
+8%
|
519
+17%
|
528
+2%
|
476
-10%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(66)
|
(56)
|
(36)
|
(30)
|
(27)
|
(29)
|
(28)
|
(25)
|
(46)
|
(102)
|
(119)
|
(134)
|
(139)
|
(111)
|
(172)
|
(194)
|
(257)
|
(369)
|
(359)
|
(396)
|
(323)
|
(234)
|
(218)
|
(171)
|
(155)
|
(166)
|
(490)
|
(547)
|
(608)
|
(595)
|
(367)
|
(332)
|
(299)
|
(324)
|
(248)
|
(234)
|
(214)
|
(188)
|
(190)
|
(193)
|
(310)
|
(329)
|
(247)
|
(214)
|
(93)
|
(40)
|
(41)
|
(34)
|
(85)
|
(5)
|
(5)
|
0
|
0
|
0
|
(108)
|
(118)
|
(125)
|
(131)
|
(25)
|
(19)
|
(15)
|
(16)
|
(15)
|
(13)
|
(11)
|
(5)
|
(4)
|
(3)
|
(3)
|
(1)
|
(2)
|
(38)
|
(104)
|
(108)
|
(127)
|
(109)
|
(138)
|
(193)
|
(207)
|
(175)
|
|
| Gross Profit |
21
N/A
|
22
+5%
|
16
-28%
|
16
-3%
|
15
-6%
|
14
-3%
|
15
+8%
|
15
-3%
|
24
+62%
|
41
+75%
|
50
+22%
|
58
+15%
|
58
-1%
|
57
-1%
|
79
+39%
|
84
+6%
|
136
+63%
|
217
+59%
|
266
+22%
|
304
+14%
|
273
-10%
|
210
-23%
|
183
-13%
|
154
-16%
|
147
-4%
|
152
+3%
|
452
+198%
|
552
+22%
|
551
0%
|
546
-1%
|
308
-44%
|
233
-24%
|
240
+3%
|
262
+9%
|
202
-23%
|
166
-18%
|
127
-23%
|
101
-21%
|
105
+4%
|
110
+5%
|
152
+38%
|
158
+4%
|
101
-36%
|
95
-6%
|
46
-51%
|
56
+21%
|
76
+37%
|
93
+23%
|
54
-41%
|
109
+100%
|
112
+3%
|
0
N/A
|
0
N/A
|
0
N/A
|
64
N/A
|
101
+57%
|
174
+72%
|
174
+0%
|
145
-17%
|
148
+2%
|
150
+2%
|
155
+3%
|
162
+5%
|
173
+7%
|
186
+8%
|
196
+5%
|
206
+5%
|
208
+1%
|
210
+1%
|
214
+2%
|
214
+0%
|
228
+6%
|
243
+7%
|
261
+7%
|
309
+19%
|
304
-2%
|
307
+1%
|
326
+6%
|
321
-2%
|
300
-6%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(4)
|
(15)
|
(11)
|
(11)
|
(5)
|
(6)
|
(7)
|
(6)
|
(7)
|
(11)
|
(11)
|
(10)
|
(7)
|
(9)
|
(11)
|
(14)
|
(7)
|
(11)
|
53
|
54
|
(30)
|
69
|
6
|
12
|
(18)
|
(5)
|
(66)
|
(75)
|
(55)
|
(51)
|
27
|
26
|
(28)
|
97
|
81
|
102
|
58
|
50
|
72
|
55
|
(15)
|
74
|
73
|
69
|
(18)
|
(6)
|
(28)
|
(24)
|
52
|
(30)
|
(31)
|
(39)
|
(24)
|
(18)
|
(13)
|
(16)
|
(33)
|
(26)
|
(27)
|
(22)
|
(27)
|
(27)
|
(30)
|
(33)
|
(35)
|
(34)
|
(34)
|
(41)
|
(37)
|
(38)
|
(45)
|
(42)
|
(47)
|
22
|
(35)
|
24
|
(32)
|
(64)
|
(57)
|
(69)
|
|
| Selling, General & Administrative |
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(9)
|
(9)
|
(10)
|
(11)
|
(15)
|
(19)
|
(25)
|
(25)
|
(24)
|
(22)
|
(16)
|
(17)
|
(16)
|
(15)
|
(23)
|
(26)
|
(22)
|
(22)
|
(17)
|
(14)
|
(22)
|
(23)
|
(21)
|
(18)
|
(18)
|
(13)
|
(10)
|
(13)
|
(15)
|
(15)
|
(16)
|
(17)
|
(17)
|
(19)
|
(21)
|
(25)
|
(26)
|
(27)
|
(27)
|
(27)
|
(38)
|
(40)
|
(40)
|
(39)
|
(33)
|
(34)
|
(39)
|
(40)
|
(35)
|
(36)
|
(34)
|
(35)
|
(38)
|
(36)
|
(36)
|
(35)
|
(36)
|
(37)
|
(34)
|
(37)
|
(39)
|
(38)
|
(32)
|
(34)
|
(39)
|
(45)
|
(51)
|
(50)
|
|
| Depreciation & Amortization |
(1)
|
0
|
0
|
0
|
(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
|
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)
|
|
| Other Operating Expenses |
3
|
(10)
|
(6)
|
(5)
|
3
|
0
|
(0)
|
0
|
(0)
|
(5)
|
(4)
|
(3)
|
3
|
(0)
|
(1)
|
(3)
|
8
|
8
|
79
|
79
|
(6)
|
90
|
22
|
29
|
(2)
|
10
|
(43)
|
(49)
|
(33)
|
(28)
|
44
|
40
|
(5)
|
120
|
102
|
121
|
76
|
63
|
82
|
68
|
(0)
|
89
|
89
|
86
|
(1)
|
13
|
(7)
|
1
|
78
|
(3)
|
(5)
|
(13)
|
15
|
22
|
27
|
23
|
(0)
|
8
|
12
|
18
|
8
|
9
|
4
|
2
|
3
|
3
|
2
|
(6)
|
(1)
|
(2)
|
(11)
|
(5)
|
(7)
|
59
|
(3)
|
58
|
6
|
(19)
|
(5)
|
(18)
|
|
| Operating Income |
18
N/A
|
7
-59%
|
5
-29%
|
5
-8%
|
10
+104%
|
8
-21%
|
9
+12%
|
9
-1%
|
16
+93%
|
31
+86%
|
39
+29%
|
48
+22%
|
51
+6%
|
48
-6%
|
68
+42%
|
70
+4%
|
130
+84%
|
206
+59%
|
319
+55%
|
358
+12%
|
243
-32%
|
279
+15%
|
190
-32%
|
165
-13%
|
129
-22%
|
147
+14%
|
387
+163%
|
477
+23%
|
496
+4%
|
496
0%
|
335
-32%
|
259
-23%
|
213
-18%
|
359
+69%
|
283
-21%
|
268
-5%
|
185
-31%
|
151
-19%
|
177
+17%
|
165
-7%
|
137
-17%
|
232
+70%
|
174
-25%
|
164
-6%
|
29
-83%
|
50
+76%
|
48
-5%
|
69
+46%
|
66
-4%
|
79
+20%
|
81
+2%
|
84
+3%
|
106
+27%
|
118
+11%
|
156
+33%
|
158
+1%
|
141
-11%
|
148
+5%
|
118
-21%
|
126
+7%
|
123
-2%
|
128
+4%
|
132
+3%
|
140
+6%
|
151
+8%
|
162
+7%
|
172
+6%
|
167
-3%
|
173
+4%
|
175
+1%
|
169
-3%
|
186
+10%
|
196
+6%
|
282
+44%
|
274
-3%
|
327
+19%
|
275
-16%
|
262
-5%
|
263
+0%
|
231
-12%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
1
|
(0)
|
(0)
|
(2)
|
6
|
6
|
7
|
8
|
(1)
|
(1)
|
(3)
|
(2)
|
(3)
|
(3)
|
(2)
|
(5)
|
(5)
|
(7)
|
(10)
|
83
|
(9)
|
(11)
|
(10)
|
(4)
|
(12)
|
(68)
|
(65)
|
(49)
|
(44)
|
39
|
45
|
157
|
53
|
37
|
38
|
43
|
32
|
25
|
37
|
68
|
27
|
28
|
13
|
506
|
495
|
486
|
474
|
256
|
253
|
254
|
257
|
151
|
146
|
142
|
148
|
96
|
130
|
149
|
176
|
149
|
144
|
176
|
179
|
169
|
135
|
67
|
29
|
192
|
242
|
(5)
|
15
|
161
|
82
|
(96)
|
(427)
|
(493)
|
(309)
|
(147)
|
(88)
|
|
| Non-Reccuring Items |
(12)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
73
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
36
|
35
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(0)
|
(0)
|
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
|
(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
|
|
| Pre-Tax Income |
7
N/A
|
8
+18%
|
5
-37%
|
5
-6%
|
6
+28%
|
14
+130%
|
15
+5%
|
15
+4%
|
21
+42%
|
29
+37%
|
38
+30%
|
46
+19%
|
48
+5%
|
45
-6%
|
65
+45%
|
68
+5%
|
124
+81%
|
202
+63%
|
312
+55%
|
348
+11%
|
330
-5%
|
270
-18%
|
179
-34%
|
155
-13%
|
125
-19%
|
135
+8%
|
318
+136%
|
411
+29%
|
447
+9%
|
452
+1%
|
374
-17%
|
303
-19%
|
370
+22%
|
412
+11%
|
320
-22%
|
306
-4%
|
228
-25%
|
182
-20%
|
202
+11%
|
202
0%
|
207
+3%
|
259
+25%
|
201
-22%
|
176
-12%
|
607
+244%
|
545
-10%
|
534
-2%
|
543
+2%
|
322
-41%
|
332
+3%
|
335
+1%
|
341
+2%
|
258
-24%
|
264
+2%
|
298
+13%
|
306
+3%
|
237
-23%
|
279
+18%
|
267
-4%
|
302
+13%
|
279
-7%
|
271
-3%
|
308
+14%
|
319
+4%
|
320
+0%
|
297
-7%
|
240
-19%
|
195
-18%
|
365
+87%
|
417
+14%
|
171
-59%
|
201
+18%
|
358
+78%
|
364
+2%
|
178
-51%
|
(100)
N/A
|
(219)
-120%
|
(47)
+78%
|
152
N/A
|
178
+17%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
(4)
|
(0)
|
5
|
7
|
7
|
4
|
(2)
|
(5)
|
(6)
|
(8)
|
(10)
|
(10)
|
(9)
|
(14)
|
(15)
|
(23)
|
(37)
|
(44)
|
(50)
|
(45)
|
(33)
|
(29)
|
(25)
|
(25)
|
(24)
|
(69)
|
(82)
|
(86)
|
(88)
|
(52)
|
(42)
|
(53)
|
(56)
|
(48)
|
(45)
|
(24)
|
(21)
|
(20)
|
(18)
|
(24)
|
(25)
|
(15)
|
(13)
|
(4)
|
(3)
|
(5)
|
(7)
|
(7)
|
(10)
|
(9)
|
(8)
|
(17)
|
(16)
|
(25)
|
(26)
|
(20)
|
(24)
|
(17)
|
(24)
|
(28)
|
(27)
|
(29)
|
(27)
|
(50)
|
(49)
|
(49)
|
(50)
|
(34)
|
(37)
|
(29)
|
(35)
|
(18)
|
12
|
(11)
|
(40)
|
(40)
|
(46)
|
(43)
|
(27)
|
|
| Income from Continuing Operations |
3
|
4
|
5
|
10
|
13
|
21
|
18
|
14
|
16
|
23
|
30
|
36
|
38
|
36
|
52
|
54
|
101
|
165
|
268
|
298
|
286
|
237
|
150
|
130
|
100
|
111
|
249
|
329
|
361
|
364
|
322
|
261
|
317
|
356
|
271
|
261
|
204
|
161
|
182
|
184
|
183
|
234
|
187
|
163
|
603
|
542
|
529
|
536
|
315
|
322
|
326
|
333
|
241
|
248
|
274
|
280
|
217
|
255
|
250
|
278
|
251
|
244
|
279
|
292
|
270
|
248
|
191
|
145
|
331
|
380
|
142
|
165
|
340
|
376
|
167
|
(140)
|
(259)
|
(93)
|
110
|
151
|
|
| Income to Minority Interest |
(0)
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(3)
|
(10)
|
(13)
|
(13)
|
(13)
|
(8)
|
(8)
|
(9)
|
(7)
|
(7)
|
(24)
|
(24)
|
(24)
|
(23)
|
(10)
|
(10)
|
(9)
|
(10)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(14)
|
(14)
|
(15)
|
(14)
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
0
|
1
|
1
|
1
|
0
|
(5)
|
(14)
|
(9)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(0)
|
(0)
|
|
| Net Income (Common) |
3
N/A
|
3
+26%
|
5
+35%
|
10
+111%
|
13
+34%
|
21
+63%
|
18
-14%
|
14
-25%
|
16
+18%
|
23
+40%
|
30
+31%
|
36
+20%
|
38
+7%
|
36
-6%
|
52
+45%
|
54
+4%
|
99
+82%
|
155
+57%
|
255
+65%
|
285
+12%
|
272
-4%
|
229
-16%
|
141
-38%
|
121
-15%
|
93
-23%
|
104
+12%
|
225
+115%
|
305
+36%
|
337
+10%
|
341
+1%
|
312
-9%
|
252
-19%
|
308
+23%
|
346
+12%
|
268
-22%
|
260
-3%
|
203
-22%
|
164
-19%
|
186
+14%
|
187
+1%
|
187
0%
|
223
+19%
|
177
-21%
|
153
-14%
|
592
+288%
|
544
-8%
|
530
-3%
|
536
+1%
|
315
-41%
|
323
+2%
|
327
+1%
|
334
+2%
|
242
-27%
|
249
+3%
|
275
+10%
|
281
+2%
|
217
-23%
|
255
+17%
|
249
-2%
|
276
+11%
|
249
-10%
|
242
-3%
|
278
+15%
|
291
+5%
|
270
-7%
|
248
-8%
|
191
-23%
|
146
-24%
|
332
+128%
|
381
+15%
|
137
-64%
|
152
+11%
|
331
+117%
|
375
+13%
|
166
-56%
|
(140)
N/A
|
(260)
-86%
|
(95)
+63%
|
110
N/A
|
151
+37%
|
|
| EPS (Diluted) |
0
N/A
|
0
N/A
|
0.01
N/A
|
0.02
+100%
|
0.02
N/A
|
0.03
+50%
|
0.02
-33%
|
0.01
-50%
|
0.03
+200%
|
0.03
N/A
|
0.04
+33%
|
0.05
+25%
|
0.06
+20%
|
0.05
-17%
|
0.07
+40%
|
0.07
N/A
|
0.14
+100%
|
0.2
+43%
|
0.34
+70%
|
0.38
+12%
|
0.37
-3%
|
0.31
-16%
|
0.19
-39%
|
0.17
-11%
|
0.13
-24%
|
0.15
+15%
|
0.31
+107%
|
0.41
+32%
|
0.46
+12%
|
0.46
N/A
|
0.42
-9%
|
0.34
-19%
|
0.42
+24%
|
0.46
+10%
|
0.36
-22%
|
0.35
-3%
|
0.28
-20%
|
0.22
-21%
|
0.25
+14%
|
0.25
N/A
|
0.26
+4%
|
0.32
+23%
|
0.24
-25%
|
0.21
-13%
|
0.87
+314%
|
0.81
-7%
|
0.79
-2%
|
0.8
+1%
|
0.47
-41%
|
0.49
+4%
|
0.5
+2%
|
0.51
+2%
|
0.36
-29%
|
0.38
+6%
|
0.41
+8%
|
0.42
+2%
|
0.33
-21%
|
0.37
+12%
|
0.36
-3%
|
0.4
+11%
|
0.37
-8%
|
0.35
-5%
|
0.41
+17%
|
0.43
+5%
|
0.41
-5%
|
0.38
-7%
|
0.29
-24%
|
0.22
-24%
|
0.5
+127%
|
0.57
+14%
|
0.19
-67%
|
0.22
+16%
|
0.5
+127%
|
0.56
+12%
|
0.25
-55%
|
-0.21
N/A
|
-0.39
-86%
|
-0.14
+64%
|
0.17
N/A
|
0.23
+35%
|
|