Hotel Properties Ltd
SGX:H15
Income Statement
Earnings Waterfall
Hotel Properties Ltd
Revenue
|
642.1m
SGD
|
Cost of Revenue
|
-495.4m
SGD
|
Gross Profit
|
146.7m
SGD
|
Operating Expenses
|
-66m
SGD
|
Operating Income
|
80.7m
SGD
|
Other Expenses
|
480.4m
SGD
|
Net Income
|
561m
SGD
|
Income Statement
Hotel Properties Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
494
N/A
|
513
+4%
|
517
+1%
|
528
+2%
|
543
+3%
|
566
+4%
|
602
+6%
|
655
+9%
|
692
+6%
|
743
+7%
|
708
-5%
|
674
-5%
|
615
-9%
|
559
-9%
|
601
+7%
|
588
-2%
|
580
-1%
|
564
-3%
|
530
-6%
|
537
+1%
|
578
+8%
|
579
+0%
|
639
+10%
|
664
+4%
|
659
-1%
|
688
+4%
|
635
-8%
|
599
-6%
|
579
-3%
|
558
-4%
|
546
-2%
|
550
+1%
|
556
+1%
|
424
-24%
|
259
-39%
|
284
+10%
|
344
+21%
|
424
+23%
|
526
+24%
|
595
+13%
|
642
+8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(349)
|
(360)
|
(363)
|
(372)
|
(378)
|
(394)
|
(419)
|
(455)
|
(475)
|
(503)
|
(479)
|
(456)
|
(417)
|
(389)
|
(421)
|
(416)
|
(418)
|
(411)
|
(392)
|
(398)
|
(436)
|
(436)
|
(479)
|
(496)
|
(490)
|
(509)
|
(472)
|
(449)
|
(431)
|
(419)
|
(408)
|
(412)
|
(419)
|
(362)
|
(273)
|
(275)
|
(307)
|
(354)
|
(420)
|
(462)
|
(495)
|
|
Gross Profit |
145
N/A
|
154
+6%
|
154
+0%
|
156
+1%
|
165
+5%
|
172
+5%
|
183
+6%
|
200
+9%
|
217
+9%
|
240
+11%
|
229
-5%
|
218
-5%
|
198
-9%
|
170
-14%
|
180
+6%
|
172
-4%
|
162
-6%
|
154
-5%
|
138
-10%
|
139
+1%
|
141
+1%
|
143
+1%
|
161
+12%
|
169
+5%
|
170
+1%
|
179
+5%
|
163
-9%
|
150
-8%
|
149
-1%
|
140
-6%
|
138
-1%
|
138
+0%
|
138
0%
|
62
-55%
|
(14)
N/A
|
9
N/A
|
37
+335%
|
70
+87%
|
105
+51%
|
133
+26%
|
147
+11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(54)
|
(55)
|
(55)
|
(58)
|
(64)
|
(62)
|
(62)
|
(62)
|
(64)
|
(66)
|
(70)
|
(71)
|
(61)
|
(45)
|
(45)
|
(44)
|
(65)
|
(61)
|
(60)
|
(51)
|
(57)
|
(58)
|
(19)
|
(20)
|
(76)
|
(79)
|
(72)
|
(81)
|
(72)
|
(71)
|
(72)
|
(74)
|
(44)
|
(65)
|
(50)
|
(10)
|
(49)
|
(58)
|
(69)
|
(73)
|
(66)
|
|
Selling, General & Administrative |
(56)
|
(56)
|
(56)
|
(56)
|
(58)
|
(58)
|
(59)
|
(59)
|
(65)
|
(67)
|
(70)
|
(71)
|
(70)
|
(71)
|
(70)
|
(70)
|
(67)
|
(66)
|
(66)
|
(67)
|
(69)
|
(69)
|
(70)
|
(71)
|
(77)
|
(80)
|
(80)
|
(80)
|
(76)
|
(74)
|
(74)
|
(75)
|
(70)
|
(64)
|
(47)
|
(43)
|
(50)
|
(59)
|
(71)
|
(73)
|
(73)
|
|
Depreciation & Amortization |
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
|
|
Other Operating Expenses |
2
|
1
|
1
|
(2)
|
(6)
|
(4)
|
(4)
|
(3)
|
1
|
0
|
0
|
0
|
9
|
25
|
25
|
26
|
2
|
5
|
6
|
16
|
12
|
12
|
51
|
51
|
1
|
1
|
8
|
(1)
|
4
|
3
|
2
|
1
|
26
|
(0)
|
(3)
|
33
|
1
|
1
|
2
|
0
|
7
|
|
Operating Income |
91
N/A
|
99
+8%
|
99
+1%
|
98
-1%
|
101
+2%
|
110
+9%
|
120
+10%
|
138
+15%
|
153
+11%
|
174
+14%
|
159
-8%
|
148
-7%
|
136
-8%
|
125
-8%
|
135
+8%
|
128
-5%
|
97
-25%
|
92
-5%
|
78
-16%
|
88
+13%
|
84
-4%
|
86
+1%
|
142
+65%
|
149
+5%
|
93
-37%
|
100
+6%
|
91
-8%
|
69
-24%
|
77
+11%
|
69
-10%
|
66
-4%
|
64
-3%
|
94
+46%
|
(2)
N/A
|
(64)
-2 650%
|
(1)
+98%
|
(12)
-868%
|
12
N/A
|
36
+197%
|
60
+66%
|
81
+35%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
10
|
16
|
26
|
59
|
59
|
66
|
76
|
60
|
51
|
34
|
7
|
8
|
(2)
|
(5)
|
4
|
8
|
11
|
22
|
39
|
10
|
11
|
2
|
6
|
121
|
200
|
202
|
190
|
77
|
(4)
|
1
|
(12)
|
(10)
|
(26)
|
(115)
|
(117)
|
7
|
8
|
8
|
(49)
|
490
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
1
|
16
|
0
|
0
|
0
|
11
|
13
|
13
|
0
|
41
|
40
|
0
|
0
|
7
|
7
|
0
|
7
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(13)
|
(13)
|
(0)
|
0
|
0
|
16
|
0
|
|
Total Other Income |
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
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
92
N/A
|
109
+18%
|
115
+6%
|
124
+8%
|
160
+29%
|
169
+6%
|
186
+10%
|
214
+15%
|
213
0%
|
225
+6%
|
193
-14%
|
156
-19%
|
160
+3%
|
124
-23%
|
130
+5%
|
132
+2%
|
116
-12%
|
117
+0%
|
113
-3%
|
127
+12%
|
136
+7%
|
136
+1%
|
143
+5%
|
155
+8%
|
222
+43%
|
307
+38%
|
293
-4%
|
267
-9%
|
154
-42%
|
65
-58%
|
68
+5%
|
52
-23%
|
85
+62%
|
(28)
N/A
|
(192)
-585%
|
(131)
+32%
|
(5)
+96%
|
20
N/A
|
44
+117%
|
27
-39%
|
571
+2 012%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(13)
|
(17)
|
(17)
|
(17)
|
(20)
|
(21)
|
(24)
|
(27)
|
(26)
|
(31)
|
(28)
|
(25)
|
(25)
|
(20)
|
(22)
|
(22)
|
(25)
|
(25)
|
(23)
|
(23)
|
(27)
|
(28)
|
(30)
|
(31)
|
(38)
|
(51)
|
(49)
|
(44)
|
(29)
|
(15)
|
(22)
|
(29)
|
(30)
|
(15)
|
3
|
3
|
(0)
|
(1)
|
(10)
|
(16)
|
(16)
|
|
Income from Continuing Operations |
78
|
92
|
98
|
107
|
139
|
148
|
162
|
187
|
187
|
194
|
166
|
131
|
135
|
104
|
108
|
110
|
91
|
91
|
91
|
104
|
109
|
109
|
114
|
124
|
184
|
256
|
244
|
223
|
125
|
49
|
46
|
23
|
55
|
(43)
|
(188)
|
(128)
|
(6)
|
19
|
34
|
11
|
555
|
|
Income to Minority Interest |
(8)
|
(8)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(9)
|
(9)
|
(10)
|
(12)
|
(12)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(10)
|
(8)
|
(6)
|
(5)
|
(4)
|
(5)
|
(6)
|
(6)
|
(6)
|
(5)
|
(4)
|
(3)
|
(2)
|
(1)
|
1
|
2
|
12
|
11
|
0
|
(2)
|
(3)
|
6
|
10
|
6
|
|
Net Income (Common) |
70
N/A
|
84
+19%
|
91
+8%
|
99
+9%
|
130
+31%
|
138
+6%
|
153
+11%
|
178
+17%
|
169
-5%
|
175
+4%
|
145
-17%
|
110
-24%
|
115
+5%
|
85
-26%
|
90
+6%
|
92
+2%
|
72
-21%
|
73
+0%
|
74
+1%
|
89
+21%
|
94
+6%
|
96
+2%
|
99
+3%
|
109
+10%
|
170
+56%
|
242
+42%
|
231
-4%
|
211
-9%
|
121
-42%
|
48
-61%
|
45
-6%
|
25
-45%
|
57
+132%
|
(31)
N/A
|
(177)
-469%
|
(128)
+28%
|
(8)
+94%
|
17
N/A
|
40
+143%
|
21
-48%
|
561
+2 562%
|
|
EPS (Diluted) |
0.13
N/A
|
0.16
+23%
|
0.17
+6%
|
0.19
+12%
|
0.25
+32%
|
0.27
+8%
|
0.3
+11%
|
0.34
+13%
|
0.4
+18%
|
0.34
-15%
|
0.18
-47%
|
0.17
-6%
|
0.22
+29%
|
0.13
-41%
|
0.14
+8%
|
0.15
+7%
|
0.14
-7%
|
0.11
-21%
|
0.11
N/A
|
0.15
+36%
|
0.18
+20%
|
0.15
-17%
|
0.16
+7%
|
0.2
+25%
|
0.33
+65%
|
0.45
+36%
|
0.3
-33%
|
0.37
+23%
|
0.22
-41%
|
0.07
-68%
|
0.07
N/A
|
0.03
-57%
|
0.11
+267%
|
-0.07
N/A
|
-0.34
-386%
|
-0.32
+6%
|
-0.04
+88%
|
0.02
N/A
|
0.08
+300%
|
0.04
-50%
|
1.08
+2 600%
|