Straits Trading Company Ltd
SGX:S20
Income Statement
Earnings Waterfall
Straits Trading Company Ltd
Revenue
|
525.9m
SGD
|
Cost of Revenue
|
-358.8m
SGD
|
Gross Profit
|
167.1m
SGD
|
Operating Expenses
|
-82.3m
SGD
|
Operating Income
|
84.8m
SGD
|
Other Expenses
|
-113.4m
SGD
|
Net Income
|
-28.6m
SGD
|
Income Statement
Straits Trading Company 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 |
1 586
N/A
|
1 552
-2%
|
1 312
-15%
|
1 055
-20%
|
944
-10%
|
798
-15%
|
742
-7%
|
725
-2%
|
661
-9%
|
646
-2%
|
650
+1%
|
692
+6%
|
765
+11%
|
740
-3%
|
696
-6%
|
622
-11%
|
550
-12%
|
434
-21%
|
444
+2%
|
419
-6%
|
583
+39%
|
507
-13%
|
469
-7%
|
487
+4%
|
527
+8%
|
464
-12%
|
479
+3%
|
458
-4%
|
556
+21%
|
478
-14%
|
494
+3%
|
473
-4%
|
466
-2%
|
351
-25%
|
384
+9%
|
540
+41%
|
638
+18%
|
622
-3%
|
473
-24%
|
466
-1%
|
526
+13%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 154)
|
(1 185)
|
(1 109)
|
(933)
|
(832)
|
(680)
|
(599)
|
(586)
|
(564)
|
(561)
|
(563)
|
(610)
|
(692)
|
(670)
|
(644)
|
(558)
|
(487)
|
(371)
|
(366)
|
(353)
|
(455)
|
(440)
|
(408)
|
(428)
|
(423)
|
(416)
|
(425)
|
(400)
|
(380)
|
(361)
|
(346)
|
(302)
|
(272)
|
(202)
|
(223)
|
(278)
|
(256)
|
(285)
|
(399)
|
(372)
|
(359)
|
|
Gross Profit |
432
N/A
|
368
-15%
|
203
-45%
|
122
-40%
|
113
-8%
|
118
+5%
|
143
+21%
|
139
-3%
|
97
-30%
|
86
-11%
|
88
+2%
|
81
-7%
|
73
-10%
|
70
-5%
|
52
-25%
|
65
+24%
|
63
-3%
|
63
+1%
|
78
+24%
|
66
-15%
|
128
+94%
|
66
-48%
|
60
-9%
|
59
-3%
|
104
+77%
|
48
-54%
|
54
+12%
|
58
+8%
|
176
+206%
|
117
-34%
|
148
+26%
|
171
+16%
|
194
+13%
|
149
-23%
|
161
+8%
|
262
+62%
|
382
+46%
|
337
-12%
|
74
-78%
|
94
+27%
|
167
+77%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(325)
|
(278)
|
(211)
|
(163)
|
(82)
|
(77)
|
(72)
|
(59)
|
(66)
|
(59)
|
(60)
|
(60)
|
(63)
|
(70)
|
(65)
|
(62)
|
(47)
|
(54)
|
(55)
|
(58)
|
(58)
|
(67)
|
(68)
|
(68)
|
(58)
|
(59)
|
(58)
|
(59)
|
(73)
|
(76)
|
(78)
|
(79)
|
(77)
|
(75)
|
(46)
|
(47)
|
(68)
|
(72)
|
(80)
|
(85)
|
(82)
|
|
Selling, General & Administrative |
(101)
|
(86)
|
(68)
|
(54)
|
(26)
|
(23)
|
(20)
|
(17)
|
(31)
|
(32)
|
(33)
|
(32)
|
(53)
|
(30)
|
(29)
|
(28)
|
(40)
|
(26)
|
(26)
|
(27)
|
(49)
|
(32)
|
(33)
|
(33)
|
(31)
|
(31)
|
(30)
|
(30)
|
(30)
|
(30)
|
(30)
|
(31)
|
(38)
|
(38)
|
(32)
|
(33)
|
(49)
|
(41)
|
(56)
|
(50)
|
(42)
|
|
Depreciation & Amortization |
(34)
|
(30)
|
(27)
|
(22)
|
0
|
(9)
|
(5)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(9)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(7)
|
(7)
|
|
Other Operating Expenses |
(188)
|
(163)
|
(116)
|
(87)
|
(56)
|
(44)
|
(47)
|
(39)
|
(32)
|
(24)
|
(24)
|
(25)
|
(7)
|
(35)
|
(31)
|
(29)
|
(4)
|
(24)
|
(24)
|
(26)
|
(4)
|
(30)
|
(30)
|
(29)
|
(22)
|
(22)
|
(22)
|
(21)
|
(37)
|
(38)
|
(40)
|
(41)
|
(31)
|
(28)
|
(6)
|
(6)
|
(13)
|
(25)
|
(18)
|
(29)
|
(33)
|
|
Operating Income |
108
N/A
|
89
-17%
|
(8)
N/A
|
(41)
-413%
|
30
N/A
|
42
+37%
|
72
+72%
|
80
+12%
|
30
-62%
|
26
-13%
|
28
+6%
|
21
-25%
|
9
-55%
|
(0)
N/A
|
(13)
-6 400%
|
2
N/A
|
15
+604%
|
9
-43%
|
24
+169%
|
9
-64%
|
70
+714%
|
(1)
N/A
|
(8)
-888%
|
(9)
-16%
|
46
N/A
|
(11)
N/A
|
(5)
+58%
|
(1)
+75%
|
103
N/A
|
41
-60%
|
70
+71%
|
92
+31%
|
117
+27%
|
74
-37%
|
115
+55%
|
215
+87%
|
314
+46%
|
265
-16%
|
(6)
N/A
|
9
N/A
|
85
+867%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(10)
|
(11)
|
(6)
|
(6)
|
16
|
8
|
48
|
37
|
(13)
|
(2)
|
(49)
|
(38)
|
24
|
(12)
|
(4)
|
(15)
|
(6)
|
51
|
49
|
78
|
23
|
62
|
69
|
67
|
16
|
39
|
65
|
66
|
(0)
|
63
|
28
|
9
|
19
|
8
|
(18)
|
47
|
59
|
(19)
|
(69)
|
(104)
|
(105)
|
|
Non-Reccuring Items |
(22)
|
(22)
|
(23)
|
(23)
|
(11)
|
(11)
|
(11)
|
(23)
|
(3)
|
(3)
|
(1)
|
11
|
(1)
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
(0)
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
(0)
|
(6)
|
0
|
2
|
(10)
|
(8)
|
659
|
642
|
(16)
|
9
|
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
4
|
7
|
8
|
8
|
5
|
5
|
40
|
38
|
94
|
92
|
53
|
36
|
1
|
36
|
39
|
51
|
0
|
(21)
|
(20)
|
(12)
|
0
|
30
|
31
|
31
|
(1)
|
15
|
15
|
16
|
(1)
|
5
|
3
|
0
|
(1)
|
0
|
(3)
|
0
|
(3)
|
0
|
(5)
|
0
|
0
|
|
Pre-Tax Income |
79
N/A
|
63
-20%
|
(29)
N/A
|
(62)
-111%
|
41
N/A
|
44
+7%
|
148
+237%
|
131
-11%
|
109
-17%
|
113
+4%
|
31
-73%
|
30
-1%
|
33
+10%
|
24
-29%
|
23
-4%
|
38
+66%
|
11
-71%
|
39
+261%
|
53
+34%
|
75
+42%
|
95
+26%
|
92
-3%
|
93
+1%
|
88
-5%
|
57
-35%
|
43
-25%
|
75
+76%
|
81
+7%
|
100
+23%
|
109
+9%
|
101
-8%
|
101
+1%
|
129
+28%
|
82
-37%
|
96
+17%
|
252
+163%
|
362
+44%
|
905
+150%
|
563
-38%
|
(111)
N/A
|
(12)
+90%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(22)
|
(21)
|
(3)
|
(2)
|
(14)
|
(13)
|
(23)
|
32
|
41
|
43
|
43
|
(10)
|
(9)
|
(8)
|
(3)
|
(5)
|
(3)
|
(6)
|
(13)
|
(10)
|
(16)
|
(16)
|
(13)
|
(14)
|
(6)
|
(5)
|
(11)
|
(14)
|
(17)
|
(18)
|
(18)
|
(17)
|
(29)
|
(23)
|
(25)
|
(45)
|
(76)
|
(69)
|
6
|
15
|
(1)
|
|
Income from Continuing Operations |
57
|
42
|
(32)
|
(63)
|
28
|
31
|
126
|
164
|
149
|
156
|
74
|
21
|
24
|
16
|
20
|
33
|
7
|
33
|
40
|
65
|
79
|
76
|
80
|
74
|
52
|
38
|
64
|
67
|
83
|
90
|
83
|
84
|
100
|
59
|
71
|
207
|
286
|
836
|
569
|
(96)
|
(12)
|
|
Income to Minority Interest |
(10)
|
(1)
|
20
|
30
|
(5)
|
(8)
|
(23)
|
(20)
|
(8)
|
(9)
|
(8)
|
(14)
|
(3)
|
0
|
3
|
2
|
1
|
(4)
|
(6)
|
(8)
|
(11)
|
(11)
|
(13)
|
(11)
|
(5)
|
(2)
|
(4)
|
(4)
|
(11)
|
(11)
|
(12)
|
(15)
|
(16)
|
(11)
|
(20)
|
(38)
|
(51)
|
(51)
|
(18)
|
(11)
|
(16)
|
|
Net Income (Common) |
47
N/A
|
39
-16%
|
(22)
N/A
|
(46)
-113%
|
(55)
-20%
|
(55)
+1%
|
26
N/A
|
67
+161%
|
119
+77%
|
126
+5%
|
50
-60%
|
(6)
N/A
|
19
N/A
|
15
-19%
|
23
+50%
|
34
+51%
|
9
-75%
|
29
+237%
|
34
+17%
|
57
+71%
|
67
+17%
|
66
-3%
|
68
+3%
|
63
-7%
|
46
-26%
|
35
-24%
|
61
+72%
|
63
+3%
|
72
+14%
|
79
+11%
|
71
-11%
|
69
-3%
|
84
+23%
|
47
-44%
|
51
+9%
|
169
+227%
|
234
+39%
|
785
+235%
|
551
-30%
|
(107)
N/A
|
(29)
+73%
|
|
EPS (Diluted) |
0.14
N/A
|
0
N/A
|
0
N/A
|
-0.14
N/A
|
-0.17
-21%
|
-0.14
+18%
|
0.06
N/A
|
0.17
+183%
|
0.29
+71%
|
0.3
+3%
|
0.12
-60%
|
-0.01
N/A
|
0.05
N/A
|
0.04
-20%
|
0.05
+25%
|
0.08
+60%
|
0.02
-75%
|
0.07
+250%
|
0.09
+29%
|
0.15
+67%
|
0.14
-7%
|
0.16
+14%
|
0.16
N/A
|
0.15
-6%
|
0.09
-40%
|
0.08
-11%
|
0.14
+75%
|
0.14
N/A
|
0.15
+7%
|
0.19
+27%
|
0.17
-11%
|
0.17
N/A
|
0.17
N/A
|
0.11
-35%
|
0.11
N/A
|
0.34
+209%
|
0.48
+41%
|
1.52
+217%
|
1.27
-16%
|
-0.23
N/A
|
-0.06
+74%
|