Food Empire Holdings Ltd
SGX:F03
Income Statement
Earnings Waterfall
Food Empire Holdings Ltd
Revenue
|
476.3m
USD
|
Cost of Revenue
|
-332m
USD
|
Gross Profit
|
144.4m
USD
|
Operating Expenses
|
-81.1m
USD
|
Operating Income
|
63.3m
USD
|
Other Expenses
|
-10.8m
USD
|
Net Income
|
52.5m
USD
|
Income Statement
Food Empire Holdings Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
229
N/A
|
232
+1%
|
238
+2%
|
245
+3%
|
250
+2%
|
257
+3%
|
263
+2%
|
265
+1%
|
260
-2%
|
266
+2%
|
250
-6%
|
241
-3%
|
238
-1%
|
227
-5%
|
232
+2%
|
232
0%
|
228
-1%
|
235
+3%
|
242
+3%
|
254
+5%
|
264
+4%
|
265
+1%
|
269
+2%
|
279
+4%
|
286
+2%
|
288
+1%
|
284
-1%
|
283
-1%
|
281
-1%
|
285
+1%
|
289
+1%
|
283
-2%
|
273
-4%
|
290
+6%
|
320
+11%
|
348
+9%
|
398
+15%
|
419
+5%
|
426
+2%
|
453
+6%
|
476
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(125)
|
(125)
|
(127)
|
(127)
|
(127)
|
(135)
|
(139)
|
(141)
|
(138)
|
(141)
|
(134)
|
(138)
|
(145)
|
(145)
|
(150)
|
(150)
|
(147)
|
(151)
|
(155)
|
(158)
|
(163)
|
(164)
|
(166)
|
(172)
|
(175)
|
(176)
|
(173)
|
(173)
|
(172)
|
(174)
|
(177)
|
(172)
|
(168)
|
(190)
|
(226)
|
(250)
|
(280)
|
(283)
|
(284)
|
(313)
|
(332)
|
|
Gross Profit |
104
N/A
|
107
+3%
|
111
+4%
|
118
+6%
|
122
+4%
|
122
0%
|
124
+1%
|
124
+0%
|
121
-2%
|
125
+3%
|
115
-8%
|
103
-11%
|
93
-9%
|
82
-12%
|
82
0%
|
81
-1%
|
81
+0%
|
84
+4%
|
87
+4%
|
96
+10%
|
101
+5%
|
101
+0%
|
103
+2%
|
107
+4%
|
111
+3%
|
113
+2%
|
111
-2%
|
110
-1%
|
109
-1%
|
111
+2%
|
112
+0%
|
111
-1%
|
105
-5%
|
100
-5%
|
94
-6%
|
98
+4%
|
119
+22%
|
136
+15%
|
141
+4%
|
140
-1%
|
144
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(86)
|
(87)
|
(91)
|
(96)
|
(100)
|
(104)
|
(109)
|
(111)
|
(112)
|
(114)
|
(102)
|
(113)
|
(102)
|
(84)
|
(67)
|
(83)
|
(86)
|
(71)
|
(73)
|
(76)
|
(77)
|
(76)
|
(74)
|
(77)
|
(81)
|
(85)
|
(89)
|
(88)
|
(85)
|
(85)
|
(81)
|
(79)
|
(71)
|
(70)
|
(68)
|
(64)
|
(66)
|
(70)
|
(71)
|
(75)
|
(81)
|
|
Selling, General & Administrative |
(27)
|
(27)
|
(29)
|
(30)
|
(31)
|
(33)
|
(35)
|
(37)
|
(39)
|
(40)
|
(37)
|
(42)
|
(47)
|
(53)
|
(67)
|
(66)
|
(69)
|
(71)
|
(73)
|
(76)
|
(77)
|
(76)
|
(74)
|
(77)
|
(81)
|
(85)
|
(89)
|
(88)
|
(85)
|
(85)
|
(81)
|
(79)
|
(71)
|
(70)
|
(68)
|
(64)
|
(66)
|
(70)
|
(71)
|
(75)
|
(81)
|
|
Depreciation & Amortization |
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
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 |
(57)
|
(57)
|
(59)
|
(63)
|
(65)
|
(68)
|
(71)
|
(71)
|
(70)
|
(70)
|
(60)
|
(71)
|
(55)
|
(31)
|
0
|
(17)
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
18
N/A
|
20
+9%
|
20
+0%
|
22
+10%
|
22
+3%
|
18
-20%
|
15
-19%
|
12
-14%
|
9
-26%
|
11
+24%
|
14
+20%
|
(10)
N/A
|
(9)
+9%
|
(2)
+81%
|
15
N/A
|
(2)
N/A
|
(5)
-135%
|
13
N/A
|
14
+11%
|
20
+37%
|
24
+23%
|
26
+5%
|
29
+13%
|
30
+3%
|
30
+1%
|
27
-9%
|
22
-22%
|
22
+4%
|
24
+6%
|
26
+11%
|
30
+15%
|
32
+4%
|
34
+7%
|
30
-11%
|
25
-15%
|
33
+31%
|
53
+59%
|
67
+26%
|
71
+6%
|
65
-9%
|
63
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
2
|
2
|
0
|
(0)
|
(1)
|
(2)
|
(8)
|
(6)
|
(13)
|
(30)
|
(1)
|
(1)
|
(7)
|
(0)
|
6
|
8
|
13
|
3
|
0
|
(2)
|
(1)
|
(4)
|
(4)
|
(5)
|
(7)
|
(4)
|
(4)
|
(2)
|
(1)
|
(1)
|
(3)
|
(3)
|
0
|
(0)
|
10
|
5
|
(7)
|
1
|
2
|
(5)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(17)
|
0
|
0
|
(17)
|
0
|
0
|
(0)
|
(0)
|
(4)
|
(4)
|
(4)
|
(4)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
(0)
|
1
|
0
|
12
|
14
|
0
|
0
|
1
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
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
|
|
Total Other Income |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(8)
|
(4)
|
(4)
|
0
|
4
|
0
|
0
|
0
|
0
|
1
|
1
|
(3)
|
(3)
|
(3)
|
(3)
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
0
|
0
|
1
|
1
|
(1)
|
1
|
1
|
6
|
|
Pre-Tax Income |
18
N/A
|
21
+22%
|
22
+1%
|
22
+3%
|
22
0%
|
17
-22%
|
13
-26%
|
4
-68%
|
3
-31%
|
(2)
N/A
|
(16)
-840%
|
(17)
-6%
|
(13)
+27%
|
(12)
+8%
|
(1)
+93%
|
8
N/A
|
3
-63%
|
10
+225%
|
17
+74%
|
20
+17%
|
23
+11%
|
25
+11%
|
18
-28%
|
19
+8%
|
19
-4%
|
15
-21%
|
20
+35%
|
20
+2%
|
24
+16%
|
27
+14%
|
32
+18%
|
31
-2%
|
32
+4%
|
30
-6%
|
26
-13%
|
44
+69%
|
71
+59%
|
72
+2%
|
72
+0%
|
68
-6%
|
65
-4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
0
|
3
|
2
|
2
|
3
|
1
|
(0)
|
(0)
|
(2)
|
(4)
|
(4)
|
(5)
|
(6)
|
(5)
|
(5)
|
(5)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(6)
|
(5)
|
(6)
|
(6)
|
(7)
|
(10)
|
(11)
|
(13)
|
(16)
|
(15)
|
(12)
|
|
Income from Continuing Operations |
17
|
20
|
20
|
21
|
21
|
15
|
11
|
3
|
2
|
(2)
|
(14)
|
(15)
|
(11)
|
(9)
|
(0)
|
8
|
3
|
8
|
14
|
16
|
18
|
19
|
13
|
14
|
13
|
12
|
18
|
18
|
21
|
23
|
26
|
26
|
26
|
25
|
19
|
35
|
60
|
60
|
56
|
53
|
53
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
|
Net Income (Common) |
17
N/A
|
21
+23%
|
20
0%
|
21
+3%
|
21
0%
|
16
-26%
|
12
-25%
|
3
-73%
|
2
-33%
|
(1)
N/A
|
(13)
-888%
|
(15)
-11%
|
(10)
+30%
|
(9)
+14%
|
0
N/A
|
9
+3 995%
|
3
-61%
|
8
+155%
|
15
+72%
|
17
+16%
|
18
+8%
|
20
+8%
|
14
-29%
|
15
+6%
|
14
-6%
|
13
-11%
|
18
+43%
|
19
+3%
|
22
+18%
|
24
+9%
|
26
+10%
|
26
+1%
|
27
+2%
|
25
-7%
|
20
-22%
|
35
+80%
|
60
+72%
|
60
-1%
|
57
-5%
|
53
-5%
|
53
-2%
|
|
EPS (Diluted) |
0.04
N/A
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.03
-40%
|
0.02
-33%
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.03
-200%
|
-0.03
N/A
|
-0.02
+33%
|
-0.02
N/A
|
0
N/A
|
0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.03
+200%
|
0.03
N/A
|
0.04
+33%
|
0.04
N/A
|
0.03
-25%
|
0.02
-33%
|
0.01
-50%
|
0.01
N/A
|
0.03
+200%
|
0.03
N/A
|
0.04
+33%
|
0.04
N/A
|
0.05
+25%
|
0.05
N/A
|
0.05
N/A
|
0.05
N/A
|
0.04
-20%
|
0.07
+75%
|
0.11
+57%
|
0.11
N/A
|
0.11
N/A
|
0.1
-9%
|
0.1
N/A
|