New Toyo International Holdings Ltd
SGX:N08
Income Statement
Earnings Waterfall
New Toyo International Holdings Ltd
Income Statement
New Toyo International Holdings Ltd
| 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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
3
|
0
|
2
|
0
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
0
|
|
| Revenue |
148
N/A
|
163
+11%
|
184
+13%
|
201
+9%
|
199
-1%
|
183
-8%
|
172
-6%
|
159
-7%
|
159
0%
|
167
+5%
|
166
-1%
|
169
+2%
|
179
+6%
|
190
+7%
|
205
+8%
|
218
+6%
|
222
+2%
|
213
-4%
|
207
-3%
|
212
+2%
|
220
+4%
|
239
+9%
|
253
+6%
|
263
+4%
|
275
+5%
|
280
+2%
|
285
+2%
|
284
0%
|
285
+0%
|
282
-1%
|
278
-2%
|
274
-1%
|
277
+1%
|
281
+1%
|
286
+2%
|
298
+4%
|
293
-2%
|
289
-2%
|
295
+2%
|
285
-3%
|
282
-1%
|
283
+1%
|
277
-2%
|
286
+3%
|
285
0%
|
276
-3%
|
274
-1%
|
262
-4%
|
264
+1%
|
260
-2%
|
250
-4%
|
250
0%
|
249
0%
|
257
+3%
|
270
+5%
|
271
+1%
|
265
-2%
|
264
-1%
|
259
-2%
|
258
0%
|
271
+5%
|
287
+6%
|
294
+3%
|
307
+4%
|
301
-2%
|
277
-8%
|
242
-12%
|
230
-5%
|
234
+2%
|
249
+7%
|
286
+15%
|
295
+3%
|
306
+4%
|
327
+7%
|
318
-3%
|
314
-1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(116)
|
(126)
|
(139)
|
(151)
|
(153)
|
(142)
|
(137)
|
(130)
|
(130)
|
(138)
|
(138)
|
(142)
|
(153)
|
(164)
|
(177)
|
(187)
|
(191)
|
(184)
|
(178)
|
(183)
|
(187)
|
(202)
|
(214)
|
(219)
|
(230)
|
(235)
|
(239)
|
(240)
|
(241)
|
(237)
|
(231)
|
(226)
|
(228)
|
(232)
|
(238)
|
(249)
|
(246)
|
(240)
|
(245)
|
(236)
|
(234)
|
(238)
|
(235)
|
(246)
|
(247)
|
(238)
|
(238)
|
(223)
|
(221)
|
(217)
|
(207)
|
(210)
|
(212)
|
(220)
|
(234)
|
(236)
|
(232)
|
(232)
|
(228)
|
(228)
|
(246)
|
(262)
|
(273)
|
(292)
|
(284)
|
(255)
|
(214)
|
(201)
|
(203)
|
(217)
|
(249)
|
(259)
|
(272)
|
(291)
|
(284)
|
(283)
|
|
| Gross Profit |
32
N/A
|
38
+18%
|
45
+19%
|
50
+11%
|
46
-7%
|
41
-12%
|
35
-15%
|
30
-14%
|
30
-1%
|
30
+0%
|
29
-3%
|
27
-6%
|
26
-3%
|
27
+4%
|
28
+4%
|
30
+7%
|
30
+1%
|
29
-3%
|
29
-1%
|
29
+0%
|
33
+12%
|
36
+12%
|
39
+7%
|
44
+12%
|
45
+4%
|
45
-1%
|
46
+2%
|
45
-3%
|
44
-2%
|
45
+2%
|
47
+4%
|
48
+3%
|
49
+2%
|
49
0%
|
49
-1%
|
49
+1%
|
47
-4%
|
49
+3%
|
49
+1%
|
49
-1%
|
48
-1%
|
45
-6%
|
42
-7%
|
40
-6%
|
39
-2%
|
38
-1%
|
37
-3%
|
39
+6%
|
43
+10%
|
43
+1%
|
43
+0%
|
40
-8%
|
37
-7%
|
37
+0%
|
36
-3%
|
35
-3%
|
33
-5%
|
31
-6%
|
31
-1%
|
30
-2%
|
25
-18%
|
24
-2%
|
21
-13%
|
15
-28%
|
17
+12%
|
22
+30%
|
29
+29%
|
29
+2%
|
31
+6%
|
32
+4%
|
37
+14%
|
36
-1%
|
35
-3%
|
36
+2%
|
34
-5%
|
32
-6%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(15)
|
(16)
|
(16)
|
(17)
|
(16)
|
(15)
|
(14)
|
(14)
|
(16)
|
(15)
|
(16)
|
(16)
|
(15)
|
(17)
|
(16)
|
(15)
|
(21)
|
(10)
|
(11)
|
(12)
|
(22)
|
(22)
|
(23)
|
(26)
|
(23)
|
(22)
|
(24)
|
(23)
|
(25)
|
(26)
|
(24)
|
(26)
|
(25)
|
(26)
|
(26)
|
(24)
|
(22)
|
(21)
|
(23)
|
(23)
|
(24)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(23)
|
(24)
|
(19)
|
(19)
|
(21)
|
(25)
|
(13)
|
(13)
|
(10)
|
(23)
|
(32)
|
(23)
|
(25)
|
(26)
|
(21)
|
(20)
|
(21)
|
(22)
|
(25)
|
(17)
|
(18)
|
(19)
|
(18)
|
(21)
|
(23)
|
(19)
|
(18)
|
(21)
|
(19)
|
|
| Selling, General & Administrative |
(17)
|
(18)
|
(19)
|
(20)
|
(20)
|
(19)
|
(18)
|
(18)
|
(19)
|
(19)
|
(21)
|
(21)
|
(18)
|
(23)
|
(23)
|
(24)
|
(23)
|
(21)
|
(20)
|
(19)
|
(22)
|
(23)
|
(25)
|
(27)
|
(25)
|
(25)
|
(27)
|
(27)
|
(28)
|
(29)
|
(29)
|
(28)
|
(31)
|
(28)
|
(28)
|
(27)
|
(27)
|
(27)
|
(27)
|
(27)
|
(26)
|
(25)
|
(26)
|
(26)
|
(26)
|
(26)
|
(25)
|
(25)
|
(24)
|
(24)
|
(24)
|
(25)
|
(25)
|
(26)
|
(26)
|
(26)
|
(28)
|
(28)
|
(28)
|
(29)
|
(30)
|
(31)
|
(31)
|
(32)
|
(29)
|
(27)
|
(23)
|
(22)
|
(24)
|
(27)
|
(28)
|
(25)
|
(24)
|
(24)
|
(24)
|
(25)
|
|
| 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
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(0)
|
0
|
(1)
|
0
|
|
| Other Operating Expenses |
1
|
1
|
2
|
2
|
3
|
4
|
3
|
4
|
3
|
5
|
5
|
5
|
3
|
6
|
7
|
9
|
2
|
11
|
9
|
7
|
(0)
|
1
|
2
|
1
|
3
|
3
|
3
|
4
|
4
|
3
|
5
|
3
|
7
|
2
|
2
|
4
|
7
|
6
|
4
|
4
|
4
|
2
|
3
|
3
|
5
|
2
|
2
|
2
|
3
|
5
|
6
|
4
|
0
|
13
|
13
|
16
|
6
|
(4)
|
5
|
4
|
5
|
10
|
11
|
12
|
8
|
2
|
7
|
3
|
6
|
9
|
7
|
2
|
5
|
5
|
4
|
6
|
|
| Operating Income |
17
N/A
|
22
+33%
|
29
+30%
|
33
+13%
|
30
-9%
|
25
-15%
|
20
-20%
|
16
-21%
|
14
-16%
|
15
+10%
|
12
-16%
|
11
-15%
|
11
+8%
|
10
-14%
|
13
+28%
|
15
+21%
|
10
-35%
|
19
+97%
|
18
-6%
|
18
-3%
|
11
-39%
|
15
+35%
|
17
+14%
|
18
+9%
|
23
+26%
|
23
+1%
|
22
-2%
|
22
-4%
|
19
-12%
|
19
+2%
|
23
+17%
|
22
-1%
|
24
+8%
|
23
-7%
|
23
0%
|
26
+13%
|
26
0%
|
27
+6%
|
26
-4%
|
26
-1%
|
24
-7%
|
22
-8%
|
19
-12%
|
16
-15%
|
16
-5%
|
14
-11%
|
13
-6%
|
16
+21%
|
19
+19%
|
24
+27%
|
25
+3%
|
19
-21%
|
12
-37%
|
24
+101%
|
23
-4%
|
26
+9%
|
10
-59%
|
(0)
N/A
|
8
N/A
|
6
-30%
|
(1)
N/A
|
4
N/A
|
1
-64%
|
(6)
N/A
|
(5)
+8%
|
(3)
+46%
|
12
N/A
|
11
-8%
|
12
+7%
|
14
+24%
|
16
+8%
|
13
-17%
|
16
+21%
|
17
+12%
|
13
-24%
|
13
-2%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
1
|
(0)
|
(1)
|
(2)
|
5
|
7
|
8
|
10
|
2
|
2
|
1
|
(0)
|
2
|
(1)
|
(2)
|
(1)
|
7
|
2
|
3
|
3
|
7
|
2
|
1
|
(1)
|
(2)
|
(1)
|
0
|
1
|
2
|
0
|
0
|
5
|
5
|
6
|
4
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
2
|
2
|
3
|
3
|
5
|
4
|
0
|
0
|
(2)
|
3
|
3
|
2
|
1
|
(0)
|
(2)
|
(0)
|
0
|
8
|
(0)
|
(2)
|
(2)
|
(3)
|
(4)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
| Non-Reccuring Items |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
0
|
(7)
|
(10)
|
(9)
|
0
|
(3)
|
0
|
(0)
|
0
|
0
|
0
|
(6)
|
0
|
(0)
|
0
|
3
|
0
|
(4)
|
0
|
2
|
0
|
2
|
0
|
|
| Total Other Income |
0
|
(1)
|
(2)
|
5
|
0
|
(2)
|
(1)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
19
N/A
|
22
+17%
|
28
+25%
|
37
+32%
|
35
-4%
|
32
-8%
|
29
-11%
|
20
-30%
|
15
-23%
|
17
+8%
|
14
-17%
|
10
-24%
|
11
+5%
|
9
-18%
|
11
+17%
|
14
+36%
|
18
+25%
|
21
+16%
|
21
+3%
|
21
-2%
|
18
-14%
|
16
-10%
|
17
+5%
|
17
-1%
|
20
+19%
|
22
+9%
|
23
+2%
|
23
0%
|
20
-10%
|
19
-4%
|
23
+17%
|
27
+19%
|
29
+7%
|
29
+1%
|
27
-6%
|
26
-6%
|
24
-5%
|
26
+7%
|
26
-1%
|
25
-3%
|
25
+1%
|
23
-10%
|
20
-11%
|
18
-11%
|
18
-3%
|
17
-6%
|
16
-5%
|
20
+31%
|
23
+14%
|
24
+3%
|
25
+2%
|
17
-29%
|
28
+60%
|
27
-2%
|
19
-31%
|
16
-16%
|
1
-96%
|
(2)
N/A
|
4
N/A
|
6
+37%
|
6
0%
|
4
-41%
|
(0)
N/A
|
(7)
-4 187%
|
(16)
-115%
|
(7)
+57%
|
8
N/A
|
9
+10%
|
13
+50%
|
13
-1%
|
11
-19%
|
12
+10%
|
17
+46%
|
16
-7%
|
14
-15%
|
10
-24%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(2)
|
(0)
|
(1)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(4)
|
(5)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
|
| Income from Continuing Operations |
17
|
20
|
24
|
33
|
31
|
28
|
25
|
17
|
14
|
15
|
13
|
10
|
8
|
6
|
8
|
11
|
16
|
19
|
19
|
19
|
14
|
12
|
13
|
12
|
16
|
18
|
19
|
20
|
18
|
17
|
20
|
24
|
26
|
26
|
24
|
22
|
21
|
22
|
22
|
21
|
21
|
19
|
16
|
15
|
14
|
13
|
12
|
16
|
21
|
21
|
21
|
15
|
26
|
25
|
17
|
16
|
(0)
|
(2)
|
4
|
4
|
4
|
2
|
(2)
|
(9)
|
(18)
|
(9)
|
8
|
8
|
9
|
9
|
8
|
8
|
14
|
13
|
11
|
8
|
|
| Income to Minority Interest |
(2)
|
(4)
|
(7)
|
(8)
|
(6)
|
(4)
|
(2)
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(3)
|
(4)
|
(6)
|
(6)
|
(6)
|
(4)
|
(10)
|
(9)
|
(6)
|
(5)
|
3
|
4
|
1
|
0
|
0
|
0
|
1
|
1
|
3
|
2
|
0
|
(1)
|
(1)
|
(0)
|
2
|
2
|
(1)
|
(1)
|
(2)
|
(2)
|
|
| Net Income (Common) |
15
N/A
|
16
+5%
|
18
+14%
|
24
+37%
|
25
+1%
|
24
-2%
|
23
-3%
|
16
-30%
|
12
-26%
|
13
+6%
|
10
-22%
|
7
-26%
|
7
-12%
|
4
-33%
|
6
+31%
|
8
+44%
|
13
+56%
|
16
+19%
|
15
-1%
|
14
-8%
|
10
-32%
|
7
-23%
|
8
+5%
|
8
-1%
|
12
+57%
|
15
+21%
|
16
+8%
|
17
+7%
|
15
-10%
|
14
-5%
|
16
+11%
|
19
+17%
|
20
+6%
|
19
-5%
|
17
-12%
|
15
-9%
|
15
-1%
|
16
+9%
|
17
+3%
|
16
-4%
|
16
-1%
|
14
-9%
|
13
-11%
|
12
-9%
|
11
-9%
|
10
-2%
|
10
-5%
|
12
+24%
|
15
+21%
|
15
0%
|
15
+3%
|
11
-30%
|
16
+51%
|
16
-1%
|
11
-33%
|
11
+6%
|
3
-75%
|
1
-48%
|
5
+274%
|
4
-22%
|
4
+1%
|
2
-54%
|
(2)
N/A
|
(9)
-428%
|
(15)
-78%
|
(7)
+54%
|
8
N/A
|
8
+3%
|
8
+4%
|
9
+6%
|
10
+16%
|
10
+5%
|
13
+23%
|
12
-7%
|
9
-21%
|
7
-29%
|
|
| EPS (Diluted) |
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.07
+17%
|
0.08
+14%
|
0.07
-12%
|
0.06
-14%
|
0.04
-33%
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.01
-50%
|
0.01
N/A
|
0.02
+100%
|
0.04
+100%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.04
-20%
|
0.03
-25%
|
0.04
+33%
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.04
N/A
|
0.02
-50%
|
0.03
+50%
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.04
+100%
|
0.03
-25%
|
0.01
-67%
|
0.01
N/A
|
0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.02
+33%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
|