TT International Ltd
SGX:T09
Income Statement
Earnings Waterfall
TT International Ltd
Revenue
|
25.9m
SGD
|
Cost of Revenue
|
-15.8m
SGD
|
Gross Profit
|
10.1m
SGD
|
Operating Expenses
|
-11.1m
SGD
|
Operating Income
|
-1.1m
SGD
|
Other Expenses
|
-536k
SGD
|
Net Income
|
-1.6m
SGD
|
Income Statement
TT International Ltd
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 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
328
N/A
|
318
-3%
|
305
-4%
|
273
-11%
|
259
-5%
|
261
+1%
|
293
+12%
|
319
+9%
|
365
+14%
|
347
-5%
|
335
-3%
|
324
-3%
|
304
-6%
|
305
+0%
|
290
-5%
|
276
-5%
|
245
-11%
|
234
-4%
|
200
-14%
|
168
-16%
|
141
-16%
|
125
-12%
|
109
-13%
|
87
-20%
|
67
-24%
|
41
-38%
|
70
+69%
|
72
+3%
|
77
+8%
|
44
-43%
|
42
-5%
|
38
-8%
|
33
-15%
|
33
+2%
|
35
+3%
|
33
-4%
|
33
-2%
|
30
-7%
|
27
-9%
|
28
+2%
|
26
-7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(259)
|
(247)
|
(239)
|
(210)
|
(199)
|
(199)
|
(223)
|
(239)
|
(277)
|
(259)
|
(244)
|
(236)
|
(219)
|
(221)
|
(213)
|
(208)
|
(183)
|
(180)
|
(153)
|
(128)
|
(106)
|
(92)
|
(80)
|
(63)
|
(45)
|
(26)
|
(43)
|
(46)
|
(51)
|
(31)
|
(30)
|
(27)
|
(20)
|
(20)
|
(21)
|
(20)
|
(21)
|
(20)
|
(17)
|
(17)
|
(16)
|
|
Gross Profit |
70
N/A
|
71
+2%
|
67
-6%
|
63
-6%
|
60
-4%
|
62
+4%
|
70
+11%
|
80
+15%
|
88
+11%
|
87
-1%
|
91
+4%
|
88
-3%
|
85
-4%
|
83
-2%
|
77
-8%
|
69
-11%
|
62
-10%
|
54
-12%
|
47
-13%
|
40
-15%
|
35
-12%
|
33
-7%
|
29
-12%
|
25
-13%
|
21
-15%
|
16
-27%
|
26
+70%
|
26
-1%
|
27
+2%
|
13
-50%
|
12
-8%
|
12
-2%
|
12
+4%
|
13
+8%
|
13
0%
|
13
-1%
|
11
-14%
|
10
-8%
|
10
-1%
|
11
+2%
|
10
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(67)
|
(75)
|
(69)
|
(72)
|
(72)
|
(94)
|
(95)
|
(108)
|
(125)
|
(117)
|
(118)
|
(116)
|
(114)
|
(130)
|
(125)
|
(121)
|
(115)
|
(205)
|
(100)
|
(89)
|
(81)
|
(47)
|
(43)
|
(38)
|
(28)
|
(39)
|
(59)
|
(57)
|
(56)
|
(72)
|
(70)
|
(28)
|
(13)
|
(13)
|
9
|
7
|
(5)
|
8
|
(12)
|
(10)
|
(11)
|
|
Selling, General & Administrative |
(30)
|
(28)
|
(31)
|
(33)
|
(35)
|
(37)
|
(41)
|
(43)
|
(46)
|
(46)
|
(45)
|
(45)
|
(43)
|
(42)
|
(41)
|
(40)
|
(38)
|
(33)
|
(30)
|
(26)
|
(22)
|
(20)
|
(17)
|
(14)
|
(12)
|
(9)
|
(15)
|
(14)
|
(14)
|
(9)
|
(9)
|
(10)
|
(10)
|
(8)
|
(7)
|
(7)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
|
Depreciation & Amortization |
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(12)
|
(19)
|
(25)
|
(30)
|
(31)
|
(31)
|
(31)
|
(33)
|
(33)
|
(32)
|
(31)
|
(30)
|
(37)
|
(33)
|
(30)
|
(29)
|
(14)
|
(17)
|
(17)
|
(13)
|
(15)
|
(25)
|
(25)
|
(25)
|
(11)
|
(10)
|
(8)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
|
Other Operating Expenses |
(31)
|
(41)
|
(32)
|
(33)
|
(31)
|
(44)
|
(35)
|
(40)
|
(50)
|
(41)
|
(43)
|
(41)
|
(38)
|
(56)
|
(53)
|
(51)
|
(47)
|
(135)
|
(37)
|
(33)
|
(30)
|
(13)
|
(9)
|
(7)
|
(2)
|
(15)
|
(19)
|
(17)
|
(17)
|
(52)
|
(50)
|
(10)
|
1
|
(2)
|
20
|
18
|
6
|
17
|
(5)
|
(3)
|
(4)
|
|
Operating Income |
3
N/A
|
(3)
N/A
|
(2)
+35%
|
(9)
-318%
|
(12)
-35%
|
(31)
-152%
|
(26)
+18%
|
(28)
-11%
|
(37)
-30%
|
(30)
+18%
|
(28)
+7%
|
(28)
-1%
|
(29)
-4%
|
(47)
-59%
|
(48)
-3%
|
(53)
-10%
|
(53)
-1%
|
(151)
-185%
|
(53)
+65%
|
(49)
+8%
|
(46)
+6%
|
(14)
+69%
|
(14)
-2%
|
(13)
+6%
|
(7)
+49%
|
(23)
-243%
|
(32)
-39%
|
(30)
+6%
|
(30)
+2%
|
(59)
-97%
|
(57)
+2%
|
(16)
+72%
|
(1)
+95%
|
(0)
+72%
|
22
N/A
|
20
-10%
|
6
-69%
|
19
+211%
|
(2)
N/A
|
0
N/A
|
(1)
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(13)
|
(4)
|
(14)
|
(9)
|
(8)
|
(8)
|
(15)
|
(20)
|
(19)
|
(17)
|
(18)
|
(16)
|
(16)
|
(18)
|
(18)
|
(19)
|
(18)
|
(17)
|
(17)
|
(15)
|
(14)
|
(14)
|
(12)
|
(12)
|
(12)
|
(10)
|
(16)
|
(17)
|
(17)
|
(14)
|
(15)
|
(16)
|
(15)
|
(9)
|
(8)
|
(5)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(0)
|
(3)
|
0
|
(3)
|
(3)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(11)
|
(12)
|
(12)
|
(12)
|
(34)
|
(132)
|
(132)
|
(132)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
(38)
|
(39)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(26)
|
(19)
|
(32)
|
(31)
|
(31)
|
(16)
|
(14)
|
(12)
|
(11)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(4)
|
(4)
|
(4)
|
(4)
|
(7)
|
(11)
|
(15)
|
(19)
|
(24)
|
(36)
|
(30)
|
(24)
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(36)
N/A
|
(26)
+27%
|
(47)
-80%
|
(49)
-4%
|
(54)
-9%
|
(55)
-3%
|
(58)
-5%
|
(63)
-8%
|
(66)
-6%
|
(58)
+13%
|
(55)
+4%
|
(55)
+1%
|
(56)
-1%
|
(88)
-57%
|
(89)
-1%
|
(94)
-6%
|
(93)
+0%
|
(206)
-121%
|
(206)
+0%
|
(199)
+3%
|
(195)
+2%
|
(35)
+82%
|
(38)
-8%
|
(40)
-7%
|
(38)
+6%
|
(57)
-49%
|
(84)
-49%
|
(77)
+9%
|
(69)
+10%
|
(74)
-7%
|
(73)
+1%
|
(70)
+4%
|
(55)
+21%
|
(10)
+82%
|
13
N/A
|
13
+2%
|
1
-95%
|
17
+2 396%
|
(4)
N/A
|
(1)
+68%
|
(3)
-127%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
3
|
3
|
3
|
3
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(36)
|
(27)
|
(48)
|
(50)
|
(53)
|
(54)
|
(57)
|
(62)
|
(69)
|
(60)
|
(57)
|
(57)
|
(56)
|
(91)
|
(92)
|
(97)
|
(97)
|
(208)
|
(207)
|
(201)
|
(196)
|
(32)
|
(35)
|
(37)
|
(35)
|
(57)
|
(84)
|
(77)
|
(69)
|
(74)
|
(73)
|
(70)
|
(55)
|
(8)
|
15
|
15
|
3
|
17
|
(4)
|
(1)
|
(3)
|
|
Income to Minority Interest |
(0)
|
0
|
1
|
1
|
1
|
3
|
7
|
12
|
22
|
26
|
52
|
54
|
50
|
38
|
39
|
40
|
40
|
87
|
86
|
82
|
80
|
30
|
28
|
27
|
23
|
8
|
13
|
13
|
14
|
33
|
32
|
31
|
30
|
4
|
3
|
2
|
1
|
1
|
1
|
1
|
1
|
|
Net Income (Common) |
(37)
N/A
|
(27)
+27%
|
(47)
-78%
|
(49)
-3%
|
(52)
-7%
|
(52)
0%
|
(50)
+4%
|
(50)
-1%
|
(46)
+8%
|
(33)
+28%
|
(5)
+85%
|
(3)
+42%
|
(6)
-100%
|
(53)
-806%
|
(53)
-2%
|
(57)
-7%
|
(57)
+1%
|
(121)
-113%
|
(121)
0%
|
(119)
+2%
|
(116)
+2%
|
(2)
+99%
|
(7)
-289%
|
(10)
-50%
|
(12)
-22%
|
(49)
-303%
|
(71)
-47%
|
(64)
+10%
|
(55)
+15%
|
(41)
+25%
|
(41)
+0%
|
(39)
+4%
|
(25)
+35%
|
(3)
+88%
|
18
N/A
|
17
-5%
|
4
-76%
|
18
+324%
|
(3)
N/A
|
(0)
+98%
|
(2)
-3 693%
|
|
EPS (Diluted) |
-0.04
N/A
|
-0.03
+25%
|
-0.06
-100%
|
-0.06
N/A
|
-0.06
N/A
|
-0.05
+17%
|
-0.05
N/A
|
-0.05
N/A
|
-0.05
N/A
|
-0.03
+40%
|
-0.01
+67%
|
-0.01
N/A
|
-0.01
N/A
|
-0.05
-400%
|
-0.06
-20%
|
-0.06
N/A
|
-0.06
N/A
|
-0.11
-83%
|
-0.12
-9%
|
-0.12
N/A
|
-0.12
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.05
-400%
|
-0.07
-40%
|
-0.06
+14%
|
-0.05
+17%
|
-0.04
+20%
|
-0.04
N/A
|
-0.04
N/A
|
-0.02
+50%
|
0
N/A
|
0.02
N/A
|
0.02
N/A
|
0
N/A
|
0.02
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|