Frasers Property Thailand Industrial Freehold & Leasehold REIT
SET:FTREIT
Income Statement
Earnings Waterfall
Frasers Property Thailand Industrial Freehold & Leasehold REIT
Income Statement
Frasers Property Thailand Industrial Freehold & Leasehold REIT
| 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 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
38
|
48
|
57
|
66
|
74
|
73
|
72
|
74
|
75
|
99
|
122
|
133
|
190
|
220
|
251
|
271
|
300
|
307
|
309
|
315
|
327
|
341
|
359
|
371
|
365
|
361
|
361
|
361
|
362
|
369
|
376
|
400
|
429
|
440
|
447
|
440
|
432
|
440
|
0
|
0
|
0
|
|
| Revenue |
366
N/A
|
426
+16%
|
484
+14%
|
530
+9%
|
563
+6%
|
542
-4%
|
529
-2%
|
530
+0%
|
587
+11%
|
1 091
+86%
|
1 618
+48%
|
1 934
+20%
|
2 597
+34%
|
2 664
+3%
|
2 681
+1%
|
2 745
+2%
|
2 837
+3%
|
2 860
+1%
|
2 900
+1%
|
2 884
-1%
|
2 902
+1%
|
3 005
+4%
|
3 112
+4%
|
3 239
+4%
|
3 361
+4%
|
3 435
+2%
|
3 507
+2%
|
3 594
+2%
|
3 619
+1%
|
3 642
+1%
|
3 675
+1%
|
3 725
+1%
|
3 775
+1%
|
3 830
+1%
|
3 879
+1%
|
3 908
+1%
|
3 961
+1%
|
4 033
+2%
|
4 115
+2%
|
4 199
+2%
|
4 293
+2%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(50)
|
(56)
|
(62)
|
(67)
|
(69)
|
(65)
|
(63)
|
(84)
|
(76)
|
(238)
|
(418)
|
(511)
|
(671)
|
(670)
|
(624)
|
(722)
|
(748)
|
(751)
|
(751)
|
(594)
|
(579)
|
(574)
|
(589)
|
(639)
|
(646)
|
(675)
|
(698)
|
(730)
|
(758)
|
(782)
|
(821)
|
(874)
|
(903)
|
(935)
|
(936)
|
(952)
|
(953)
|
(958)
|
(967)
|
(984)
|
(983)
|
|
| Gross Profit |
316
N/A
|
370
+17%
|
422
+14%
|
462
+9%
|
494
+7%
|
477
-3%
|
466
-2%
|
446
-4%
|
511
+15%
|
854
+67%
|
1 200
+41%
|
1 422
+19%
|
1 926
+35%
|
1 994
+4%
|
2 057
+3%
|
2 024
-2%
|
2 089
+3%
|
2 110
+1%
|
2 148
+2%
|
2 290
+7%
|
2 323
+1%
|
2 431
+5%
|
2 524
+4%
|
2 601
+3%
|
2 715
+4%
|
2 760
+2%
|
2 809
+2%
|
2 864
+2%
|
2 861
0%
|
2 859
0%
|
2 854
0%
|
2 851
0%
|
2 872
+1%
|
2 895
+1%
|
2 943
+2%
|
2 956
+0%
|
3 008
+2%
|
3 075
+2%
|
3 148
+2%
|
3 216
+2%
|
3 311
+3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
6
|
1
|
(9)
|
(21)
|
(26)
|
(39)
|
(48)
|
(26)
|
(71)
|
(53)
|
(65)
|
(94)
|
(69)
|
(57)
|
(49)
|
(33)
|
(9)
|
29
|
54
|
23
|
47
|
62
|
79
|
90
|
79
|
46
|
24
|
(9)
|
(24)
|
(15)
|
(14)
|
11
|
30
|
27
|
30
|
27
|
26
|
28
|
13
|
5
|
(6)
|
|
| Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
0
|
(39)
|
(67)
|
(74)
|
(103)
|
(110)
|
(104)
|
(45)
|
(22)
|
2
|
19
|
(20)
|
(26)
|
(23)
|
(28)
|
(22)
|
(16)
|
(21)
|
(14)
|
(22)
|
(21)
|
(20)
|
(19)
|
(9)
|
(10)
|
(14)
|
(16)
|
(19)
|
(21)
|
(16)
|
(15)
|
(14)
|
(17)
|
|
| Other Operating Expenses |
6
|
1
|
(10)
|
(21)
|
(26)
|
(39)
|
(48)
|
(7)
|
(71)
|
(13)
|
2
|
(20)
|
34
|
52
|
55
|
12
|
14
|
27
|
35
|
42
|
73
|
85
|
108
|
113
|
95
|
67
|
38
|
13
|
(3)
|
5
|
5
|
20
|
40
|
41
|
46
|
46
|
47
|
45
|
28
|
19
|
10
|
|
| Operating Income |
322
N/A
|
370
+15%
|
413
+11%
|
441
+7%
|
467
+6%
|
438
-6%
|
419
-4%
|
420
+0%
|
440
+5%
|
801
+82%
|
1 135
+42%
|
1 328
+17%
|
1 857
+40%
|
1 936
+4%
|
2 008
+4%
|
1 991
-1%
|
2 080
+5%
|
2 139
+3%
|
2 202
+3%
|
2 313
+5%
|
2 370
+2%
|
2 493
+5%
|
2 603
+4%
|
2 691
+3%
|
2 794
+4%
|
2 806
+0%
|
2 833
+1%
|
2 855
+1%
|
2 837
-1%
|
2 844
+0%
|
2 840
0%
|
2 862
+1%
|
2 902
+1%
|
2 923
+1%
|
2 973
+2%
|
2 984
+0%
|
3 034
+2%
|
3 103
+2%
|
3 161
+2%
|
3 221
+2%
|
3 305
+3%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(162)
|
(171)
|
37
|
29
|
21
|
22
|
(118)
|
(119)
|
(213)
|
(236)
|
(199)
|
1 683
|
1 641
|
1 638
|
1 609
|
(147)
|
(235)
|
(277)
|
(282)
|
(1 207)
|
(1 220)
|
(1 243)
|
(1 517)
|
(585)
|
(750)
|
(751)
|
(357)
|
(470)
|
(264)
|
(277)
|
(370)
|
(39)
|
(131)
|
(220)
|
(329)
|
(592)
|
(623)
|
(351)
|
(201)
|
224
|
118
|
|
| Total Other Income |
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
4
|
0
|
0
|
11
|
89
|
98
|
98
|
88
|
46
|
40
|
42
|
47
|
22
|
41
|
45
|
44
|
29
|
18
|
11
|
14
|
10
|
11
|
14
|
10
|
20
|
22
|
|
| Pre-Tax Income |
160
N/A
|
199
+24%
|
450
+126%
|
470
+4%
|
488
+4%
|
460
-6%
|
301
-34%
|
301
0%
|
227
-25%
|
565
+149%
|
937
+66%
|
3 013
+222%
|
3 497
+16%
|
3 574
+2%
|
3 617
+1%
|
1 847
-49%
|
1 846
0%
|
1 863
+1%
|
1 932
+4%
|
1 194
-38%
|
1 248
+5%
|
1 348
+8%
|
1 174
-13%
|
2 152
+83%
|
2 084
-3%
|
2 097
+1%
|
2 523
+20%
|
2 407
-5%
|
2 615
+9%
|
2 612
0%
|
2 515
-4%
|
2 852
+13%
|
2 789
-2%
|
2 714
-3%
|
2 658
-2%
|
2 402
-10%
|
2 422
+1%
|
2 766
+14%
|
2 970
+7%
|
3 464
+17%
|
3 445
-1%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
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
|
|
| Income from Continuing Operations |
160
|
199
|
450
|
470
|
488
|
460
|
301
|
301
|
227
|
565
|
937
|
3 013
|
3 497
|
3 574
|
3 617
|
1 847
|
1 846
|
1 863
|
1 932
|
1 194
|
1 248
|
1 348
|
1 174
|
2 152
|
2 084
|
2 097
|
2 523
|
2 407
|
2 615
|
2 612
|
2 515
|
2 852
|
2 789
|
2 714
|
2 658
|
2 402
|
2 422
|
2 766
|
2 970
|
3 464
|
3 445
|
|
| Net Income (Common) |
160
N/A
|
199
+24%
|
450
+126%
|
470
+4%
|
488
+4%
|
460
-6%
|
301
-34%
|
301
0%
|
227
-25%
|
565
+149%
|
937
+66%
|
3 013
+222%
|
3 497
+16%
|
3 574
+2%
|
3 617
+1%
|
1 847
-49%
|
1 846
0%
|
1 863
+1%
|
1 932
+4%
|
1 194
-38%
|
1 248
+5%
|
1 348
+8%
|
1 174
-13%
|
2 152
+83%
|
2 084
-3%
|
2 097
+1%
|
2 523
+20%
|
2 407
-5%
|
2 615
+9%
|
2 612
0%
|
2 515
-4%
|
2 852
+13%
|
2 789
-2%
|
2 714
-3%
|
2 658
-2%
|
2 402
-10%
|
2 422
+1%
|
2 766
+14%
|
2 970
+7%
|
3 464
+17%
|
3 445
-1%
|
|
| EPS (Diluted) |
0.28
N/A
|
0.34
+21%
|
0.79
+132%
|
0.82
+4%
|
0.85
+4%
|
0.8
-6%
|
0.52
-35%
|
0.52
N/A
|
0.09
-83%
|
0.21
+133%
|
0.35
+67%
|
1.15
+229%
|
1.34
+17%
|
1.36
+1%
|
1.39
+2%
|
0.71
-49%
|
0.71
N/A
|
0.65
-8%
|
0.68
+5%
|
0.42
-38%
|
0.44
+5%
|
0.44
N/A
|
0.39
-11%
|
0.7
+79%
|
0.68
-3%
|
0.68
N/A
|
0.82
+21%
|
0.78
-5%
|
0.85
+9%
|
0.85
N/A
|
0.82
-4%
|
0.93
+13%
|
0.84
-10%
|
0.82
-2%
|
0.83
+1%
|
0.73
-12%
|
0.74
+1%
|
0.84
+14%
|
0.9
+7%
|
1.06
+18%
|
1.05
-1%
|
|