Fu Yu Corporation Ltd
SGX:F13
Income Statement
Earnings Waterfall
Fu Yu Corporation Ltd
Income Statement
Fu Yu Corporation Ltd
| Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | 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 | 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
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
1
|
0
|
0
|
0
|
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
|
| Revenue |
292
N/A
|
299
+2%
|
294
-2%
|
299
+2%
|
329
+10%
|
361
+9%
|
390
+8%
|
407
+4%
|
398
-2%
|
396
-1%
|
392
-1%
|
394
+1%
|
426
+8%
|
433
+2%
|
429
-1%
|
428
0%
|
416
-3%
|
424
+2%
|
438
+3%
|
433
-1%
|
411
-5%
|
380
-7%
|
356
-6%
|
339
-5%
|
326
-4%
|
292
-11%
|
263
-10%
|
237
-10%
|
232
-2%
|
255
+10%
|
266
+4%
|
259
-2%
|
184
-29%
|
189
+3%
|
254
+35%
|
261
+3%
|
284
+9%
|
304
+7%
|
314
+4%
|
313
0%
|
298
-5%
|
281
-6%
|
285
+2%
|
283
-1%
|
276
-3%
|
269
-2%
|
253
-6%
|
254
+1%
|
253
-1%
|
249
-2%
|
240
-4%
|
222
-7%
|
216
-3%
|
208
-4%
|
200
-4%
|
199
-1%
|
191
-4%
|
189
-1%
|
191
+1%
|
195
+2%
|
197
+1%
|
200
+2%
|
202
+1%
|
198
-2%
|
198
+0%
|
197
0%
|
196
-1%
|
194
-1%
|
169
-13%
|
153
-9%
|
152
-1%
|
196
+28%
|
247
+26%
|
240
-3%
|
190
-21%
|
104
-45%
|
88
-16%
|
115
+31%
|
121
+5%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(225)
|
(229)
|
(225)
|
(223)
|
(244)
|
(263)
|
(279)
|
(294)
|
(293)
|
(301)
|
(310)
|
(323)
|
(357)
|
(364)
|
(367)
|
(377)
|
(388)
|
(403)
|
(426)
|
(426)
|
(400)
|
(377)
|
(350)
|
(336)
|
(323)
|
(294)
|
(267)
|
(239)
|
(224)
|
(233)
|
(237)
|
(234)
|
(169)
|
(173)
|
(236)
|
(243)
|
(266)
|
(285)
|
(291)
|
(286)
|
(269)
|
(254)
|
(262)
|
(263)
|
(256)
|
(245)
|
(225)
|
(223)
|
(219)
|
(215)
|
(206)
|
(187)
|
(181)
|
(172)
|
(166)
|
(166)
|
(160)
|
(158)
|
(159)
|
(162)
|
(163)
|
(166)
|
(166)
|
(162)
|
(162)
|
(160)
|
(157)
|
(152)
|
(129)
|
(116)
|
(114)
|
(159)
|
(206)
|
(203)
|
(167)
|
(92)
|
(75)
|
(99)
|
(105)
|
|
| Gross Profit |
67
N/A
|
70
+5%
|
69
-2%
|
75
+10%
|
86
+14%
|
98
+14%
|
111
+13%
|
113
+2%
|
105
-7%
|
95
-10%
|
81
-14%
|
72
-12%
|
69
-4%
|
70
+1%
|
62
-11%
|
51
-17%
|
28
-46%
|
21
-25%
|
12
-42%
|
7
-43%
|
11
+50%
|
4
-64%
|
6
+55%
|
3
-42%
|
3
N/A
|
(2)
N/A
|
(4)
-139%
|
(2)
+51%
|
9
N/A
|
22
+154%
|
29
+29%
|
25
-13%
|
14
-43%
|
16
+10%
|
19
+20%
|
18
-2%
|
19
+2%
|
19
-1%
|
23
+23%
|
27
+19%
|
29
+6%
|
26
-9%
|
23
-11%
|
21
-12%
|
19
-6%
|
23
+21%
|
28
+19%
|
31
+12%
|
34
+11%
|
34
-1%
|
34
-1%
|
35
+4%
|
36
+1%
|
36
0%
|
34
-5%
|
32
-4%
|
31
-4%
|
30
-3%
|
32
+5%
|
33
+5%
|
33
0%
|
35
+4%
|
37
+6%
|
35
-4%
|
36
+2%
|
37
+3%
|
39
+6%
|
42
+8%
|
40
-6%
|
38
-6%
|
38
+2%
|
36
-5%
|
41
+12%
|
38
-8%
|
23
-39%
|
12
-47%
|
13
+5%
|
16
+21%
|
15
-1%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(38)
|
(37)
|
(33)
|
(37)
|
(40)
|
(45)
|
(49)
|
(49)
|
(49)
|
(22)
|
(19)
|
(19)
|
(45)
|
(30)
|
(32)
|
(39)
|
(55)
|
(54)
|
(58)
|
(48)
|
(40)
|
(58)
|
(48)
|
(47)
|
(30)
|
(58)
|
(66)
|
(67)
|
(28)
|
(40)
|
(36)
|
(28)
|
(14)
|
(15)
|
(17)
|
(26)
|
(24)
|
(27)
|
(34)
|
(28)
|
(31)
|
(19)
|
(16)
|
(21)
|
(12)
|
(20)
|
(18)
|
(21)
|
(15)
|
(14)
|
(13)
|
(23)
|
(21)
|
(20)
|
(22)
|
(21)
|
(16)
|
(17)
|
(19)
|
(22)
|
(25)
|
(22)
|
(21)
|
(22)
|
(18)
|
(19)
|
(18)
|
(21)
|
(22)
|
(19)
|
(17)
|
(18)
|
(17)
|
(21)
|
(22)
|
(20)
|
(17)
|
(15)
|
(24)
|
|
| Selling, General & Administrative |
(34)
|
(34)
|
(35)
|
(36)
|
(39)
|
(43)
|
(48)
|
(50)
|
(50)
|
(49)
|
(47)
|
(50)
|
(55)
|
(58)
|
(57)
|
(64)
|
(60)
|
(58)
|
(59)
|
(48)
|
(45)
|
(37)
|
(36)
|
(34)
|
(36)
|
(39)
|
(38)
|
(37)
|
(36)
|
(36)
|
(37)
|
(35)
|
(23)
|
(22)
|
(30)
|
(30)
|
(29)
|
(30)
|
(32)
|
(33)
|
(33)
|
(32)
|
(31)
|
(32)
|
(32)
|
(32)
|
(32)
|
(27)
|
(28)
|
(28)
|
(29)
|
(30)
|
(29)
|
(29)
|
(27)
|
(28)
|
(28)
|
(27)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(28)
|
(27)
|
(27)
|
(26)
|
(26)
|
(26)
|
(23)
|
(20)
|
(19)
|
(20)
|
(23)
|
(25)
|
(22)
|
(18)
|
(17)
|
(20)
|
|
| Other Operating Expenses |
(4)
|
(3)
|
2
|
(1)
|
(1)
|
(3)
|
(1)
|
1
|
2
|
27
|
28
|
30
|
10
|
27
|
24
|
25
|
5
|
5
|
1
|
1
|
5
|
(23)
|
(12)
|
(12)
|
6
|
(19)
|
(29)
|
(31)
|
8
|
(4)
|
1
|
7
|
10
|
7
|
12
|
4
|
4
|
3
|
(3)
|
5
|
2
|
12
|
15
|
11
|
20
|
13
|
15
|
6
|
14
|
14
|
16
|
7
|
8
|
9
|
6
|
6
|
11
|
10
|
8
|
5
|
3
|
6
|
8
|
5
|
10
|
8
|
8
|
5
|
4
|
3
|
3
|
2
|
4
|
2
|
3
|
2
|
1
|
2
|
(5)
|
|
| Operating Income |
29
N/A
|
33
+14%
|
36
+10%
|
39
+8%
|
46
+18%
|
52
+14%
|
62
+19%
|
64
+4%
|
57
-12%
|
73
+29%
|
63
-14%
|
52
-17%
|
24
-54%
|
40
+66%
|
30
-25%
|
12
-59%
|
(27)
N/A
|
(33)
-23%
|
(45)
-37%
|
(41)
+10%
|
(29)
+29%
|
(54)
-88%
|
(42)
+23%
|
(43)
-2%
|
(26)
+39%
|
(59)
-127%
|
(70)
-18%
|
(69)
+1%
|
(20)
+71%
|
(18)
+11%
|
(7)
+59%
|
(3)
+60%
|
0
N/A
|
1
+25%
|
1
+120%
|
(8)
N/A
|
(5)
+31%
|
(8)
-52%
|
(11)
-34%
|
(0)
+97%
|
(2)
-500%
|
7
N/A
|
7
+7%
|
(0)
N/A
|
7
N/A
|
4
-46%
|
10
+181%
|
10
-3%
|
20
+99%
|
20
+1%
|
21
+3%
|
13
-39%
|
15
+14%
|
15
+5%
|
12
-19%
|
11
-11%
|
15
+34%
|
13
-13%
|
12
-3%
|
12
-6%
|
9
-25%
|
13
+44%
|
16
+29%
|
13
-20%
|
18
+41%
|
18
-2%
|
21
+19%
|
21
+1%
|
18
-15%
|
18
0%
|
22
+18%
|
19
-14%
|
24
+30%
|
16
-33%
|
1
-96%
|
(8)
N/A
|
(4)
+51%
|
1
N/A
|
(9)
N/A
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(4)
|
(4)
|
(2)
|
(3)
|
4
|
4
|
6
|
5
|
0
|
(3)
|
(0)
|
(0)
|
(7)
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
(3)
|
1
|
1
|
1
|
4
|
0
|
0
|
(0)
|
3
|
(0)
|
(0)
|
0
|
5
|
0
|
0
|
(0)
|
4
|
(0)
|
(0)
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
2
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(2)
|
(0)
|
2
|
(0)
|
1
|
(0)
|
0
|
(0)
|
0
|
(0)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
19
|
1
|
1
|
2
|
(22)
|
0
|
2
|
1
|
(30)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
9
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
1
|
0
|
0
|
(5)
|
(6)
|
0
|
3
|
0
|
1
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
(3)
|
(2)
|
(1)
|
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
|
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
|
|
| Pre-Tax Income |
27
N/A
|
31
+15%
|
35
+11%
|
38
+8%
|
44
+18%
|
51
+15%
|
61
+19%
|
63
+4%
|
79
+24%
|
72
-8%
|
62
-14%
|
52
-17%
|
23
-56%
|
39
+68%
|
28
-26%
|
11
-61%
|
(10)
N/A
|
(34)
-259%
|
(45)
-33%
|
(43)
+6%
|
(55)
-28%
|
(59)
-9%
|
(45)
+24%
|
(39)
+14%
|
(52)
-35%
|
(53)
-2%
|
(65)
-22%
|
(69)
-6%
|
(27)
+61%
|
(18)
+33%
|
(8)
+58%
|
(1)
+88%
|
0
N/A
|
1
+75%
|
2
+114%
|
(4)
N/A
|
(5)
-26%
|
(8)
-48%
|
(11)
-34%
|
(6)
+41%
|
(1)
+87%
|
8
N/A
|
8
+8%
|
10
+18%
|
7
-27%
|
4
-48%
|
10
+173%
|
13
+33%
|
20
+46%
|
20
+3%
|
21
+4%
|
18
-12%
|
15
-19%
|
16
+4%
|
12
-20%
|
15
+20%
|
15
-1%
|
13
-14%
|
12
-5%
|
8
-31%
|
8
-4%
|
12
+46%
|
15
+31%
|
16
+4%
|
17
+9%
|
17
-3%
|
16
-7%
|
16
+3%
|
18
+10%
|
20
+10%
|
21
+9%
|
21
0%
|
24
+12%
|
17
-27%
|
0
-99%
|
(8)
N/A
|
(4)
+47%
|
0
N/A
|
(9)
N/A
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(8)
|
(9)
|
(11)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(4)
|
(4)
|
(2)
|
(3)
|
(8)
|
(10)
|
(9)
|
(5)
|
(8)
|
(4)
|
(5)
|
(7)
|
1
|
1
|
1
|
1
|
(4)
|
(4)
|
(3)
|
(3)
|
2
|
1
|
2
|
2
|
2
|
2
|
1
|
0
|
(0)
|
(0)
|
1
|
(1)
|
(1)
|
(2)
|
(3)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(0)
|
1
|
0
|
(1)
|
(1)
|
|
| Income from Continuing Operations |
19
|
23
|
24
|
27
|
34
|
40
|
50
|
53
|
74
|
68
|
60
|
49
|
15
|
28
|
19
|
6
|
(18)
|
(38)
|
(50)
|
(49)
|
(54)
|
(59)
|
(44)
|
(38)
|
(56)
|
(57)
|
(69)
|
(72)
|
(25)
|
(17)
|
(6)
|
1
|
3
|
2
|
3
|
(4)
|
(6)
|
(8)
|
(10)
|
(7)
|
(2)
|
6
|
5
|
9
|
7
|
4
|
10
|
11
|
17
|
17
|
18
|
17
|
13
|
14
|
11
|
12
|
11
|
10
|
9
|
5
|
5
|
9
|
12
|
12
|
13
|
12
|
12
|
13
|
15
|
17
|
18
|
18
|
20
|
15
|
(0)
|
(8)
|
(4)
|
(1)
|
(10)
|
|
| Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
2
|
3
|
0
|
(0)
|
(1)
|
3
|
3
|
3
|
4
|
3
|
3
|
4
|
3
|
3
|
2
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
19
N/A
|
22
+17%
|
23
+4%
|
26
+14%
|
33
+27%
|
39
+20%
|
48
+23%
|
52
+8%
|
73
+40%
|
66
-10%
|
57
-14%
|
46
-20%
|
12
-74%
|
25
+107%
|
16
-35%
|
3
-80%
|
(21)
N/A
|
(41)
-100%
|
(53)
-29%
|
(52)
+3%
|
(56)
-8%
|
(60)
-8%
|
(46)
+23%
|
(40)
+13%
|
(57)
-42%
|
(58)
-1%
|
(66)
-15%
|
(70)
-5%
|
(25)
+64%
|
(17)
+32%
|
(7)
+58%
|
4
N/A
|
5
+24%
|
5
+2%
|
7
+26%
|
(1)
N/A
|
(3)
-133%
|
(5)
-71%
|
(7)
-40%
|
(4)
+34%
|
0
N/A
|
6
+1 275%
|
4
-25%
|
7
+61%
|
4
-36%
|
2
-43%
|
9
+254%
|
10
+17%
|
15
+54%
|
15
-2%
|
16
+3%
|
14
-9%
|
11
-22%
|
12
+6%
|
9
-25%
|
11
+20%
|
10
-5%
|
9
-14%
|
8
-12%
|
4
-41%
|
4
-2%
|
8
+75%
|
11
+47%
|
12
+5%
|
13
+9%
|
12
-4%
|
12
-4%
|
13
+7%
|
15
+18%
|
17
+13%
|
18
+9%
|
18
-4%
|
20
+12%
|
15
-26%
|
(0)
N/A
|
(10)
-4 857%
|
(6)
+39%
|
(4)
+28%
|
(14)
-202%
|
|
| EPS (Diluted) |
0.03
N/A
|
0.05
+67%
|
0.05
N/A
|
0.05
N/A
|
0.06
+20%
|
0.07
+17%
|
0.09
+29%
|
0.1
+11%
|
0.13
+30%
|
0.12
-8%
|
0.1
-17%
|
0.08
-20%
|
0.02
-75%
|
0.04
+100%
|
0.03
-25%
|
0.01
-67%
|
-0.03
N/A
|
-0.06
-100%
|
-0.09
-50%
|
-0.09
N/A
|
-0.09
N/A
|
-0.1
-11%
|
-0.07
+30%
|
-0.06
+14%
|
-0.08
-33%
|
-0.08
N/A
|
-0.09
-12%
|
-0.1
-11%
|
-0.04
+60%
|
-0.03
+25%
|
-0.02
+33%
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.02
+100%
|
0.01
-50%
|
0.03
+200%
|
0.03
N/A
|
0.03
N/A
|
0.02
-33%
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.02
+100%
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.02
-33%
|
0
N/A
|
-0.01
N/A
|
-0.01
N/A
|
0
N/A
|
-0.01
N/A
|
|