Intraco : Half Year Financial Statements for the Period Ended 30/06/2022

A. Consolidated statement of profit or loss

H1 ended

H1 ended

Note

30 June 2022

30 June 2021

Change

S$'000

S$'000

%

Revenue

3

105,112

113,123

(7.1)

Cost of sales

(100,810)

(109,130)

(7.6)

Gross profit

4,302

3,993

7.7

Other income

288

382

(24.6)

Distribution expenses

(7)

(6)

16.7

Administrative expenses

(5,045)

(4,504)

12.0

Other expenses

(715)

-

n.a.

Results from operating activities

(1,177)

(135)

771.9

Finance income

210

68

208.8

Finance costs

(139)

(121)

14.9

Net finance income/(costs)

4

71

(53)

n.m.

Share of profit/(loss) of joint venture (net of tax)

105

(71)

n.m.

Loss before taxation

5

(1,001)

(259)

286.5

Tax credit

6

2

200.0

Loss for the period

(995)

(257)

287.2

Loss per share

Basic and diluted loss per share (SGD in cents)

6

(0.89)

(0.25)

A. Consolidated statement of comprehensive income

H1 ended

H1 ended

30 June 2022

30 June 2021

S$'000

S$'000

Loss for the period

(995)

(257)

Other comprehensive income

Items that are or may be reclassified

subsequently to profit or loss

Foreign currency translation differences of

foreign operations*

187

111

Share of other comprehensive income of joint venture *

66

32

Other comprehensive income for the period, net of tax

253

143

Total comprehensive income for the period

(742)

(114)

------------------ Group ----------------

---------------- Company ---------------

Note

30 June 2022

31 December 2021

30 June 2022 31 December 2021

S$'000

S$'000

S$'000

S$'000

Assets

Non-current assets

Property, plant and equipment

12,128

13,057

204

323

Intangible assets

98

158

98

158

Subsidiaries

7

-

-

18,516

18,738

Joint venture

780

609

550

550

Other investments

8

4,690

636

4,066

-

17,696

14,460

23,434

19,769

Current assets

Other investments

8

9,446

24,731

9,446

24,731

Inventories

2,064

1,702

-

-

Trade and other receivables

27,643

18,069

27,383

15,942

Contract assets

2,690

2,762

-

-

Cash and cash equivalents

9

27,178

22,921

15,415

12,779

69,021

70,185

52,244

53,452

Total assets

86,717

84,645

75,678

73,221

Equity

Share capital

10

88,495

84,069

88,495

84,069

Treasury shares

10

(295)

(254)

(295)

(254)

Reserves

143

(110)

12,864

13,086

Accumulated losses

(28,610)

(27,615)

(28,110)

(26,711)

Equity attributable to owners

of the Company

59,733

56,090

72,954

70,190

Liabilities

Non-current liabilities

Loans and borrowings

11

686

807

14

73

Deferred tax liabilities

487

493

-

-

1,173

1,300

14

73

Current liabilities

Loans and borrowings

11

10,759

11,891

159

199

Trade and other payables

15,048

15,360

2,551

2,759

Current tax liabilities

4

4

-

-

25,811

27,255

2,710

2,958

Total liabilities

26,984

28,555

2,724

3,031

Total equity and liabilities

86,717

84,645

75,678

73,221