Financial Highlights

Year-on-Year Comparison

For the financial year (S$’ Million)FY2024FY2023
RevenueCell246.9242.4
Gross ProfitCell133.8134.1
(Loss)/profit before taxCell(37.3)46.5
Normalised loss before tax (“Normalised LBT”)Cell(14.7)(23.9)
Normalised Earnings before interest, taxes, depreciation, and amortization (“Normalised EBITDA”)*
Cell55.254.1
As at 31 December (S$’ Million)FY2024FY2023
Property, plant and equipmentCell772.9784.8
Other non-current assetsCell37.830.5
Current assetsCell25.760.0
Total Assets
Cell
836.4
875.3
Cell
Non-current liabilitiesCell518.225.6
Current liabilitiesCell80.7636.6
Total Liabilities
Cell
598.9
662.2
Per Share (S$ cents)FY2024FY2023
Basic (loss) / earningsCell(2.68)6.52
Net asset valueCell14.7815.84
Capital ManagementFY2024FY2023
Net Debt/ Total equityCell2.132.54
Net Debt/ Property valueCell0.650.69

* Note: Normalised EBITDA is defined as earnings before interest, taxes, depreciation and amortisation and is derived by adjusting the EBITDAfor exceptional income/expenses such as one-off deemed listing expenses, insurance claims, fair value loss on derivative financial assets,at fair value through profit or loss, impairment losses on land and buildings and reversal of impairment losses on land and buildings.

Occupancy Rate (%)
ADR and RevPAR (£)