Isetan Singapore : Presentation by Managing Director
April 27, 2023
Share
Isetan (Singapore) Limited
2023 AGM 28.04.2023
ADDRESS BY MANAGING DIRECTOR
Isetan
AGM 2023
Disclaimer
This presentation contains certain statements that are not statements of historical fact, i.e. forward- looking statements. The information is based on certain views and assumptions and would thus involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in these forward-looking statements as a result of a number of risks, uncertainties and assumptions. Such statements are not and should not be construed as a representation as to the future of Isetan (Singapore) Limited and should not be regarded as a forecast or projection of future performance.
No reliance should therefore be placed on these forward-looking statements, which are based on the current view of the management of on future events. The presentation is also not to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. Isetan (Singapore) Limited accepts no responsibility whatsoever with respect to the use of this document or any part thereof.
In this presentation, all $ dollar amounts are in Singapore dollars unless otherwise specified.
Isetan
AGM 2023
Content
1. Results for FY 2022
( Year Ended 31 December 2022 )
Post COVID -19 & Updates
Medium Term Management Plan
Core Retail Update
Investment Properties
Digitalization, I Online & Digital Marketing
1
Results
Year 2022
Results
(In thousands)
FY 2022
FY 2021
YoY change %
YoY Differences
Revenue
87,620
85,804
2.12
1,816
Other income
4,393
6,746
(34.88)
(2,353)
Other gains/(losses) net
61
138
(55.80)
(77)
Total expenses
(90,459)
(90,474)
(0.02)
(15)
Share of loss of an associate
(266)
(58)
358.62
208
Profit before income tax
1,349
2,156
(37.43)
(807)
Income tax expense
-
-
-
-
Net profit after tax
1,349
2,156
(37.43)
(807)
Net profit attributable to : Equity holders
1,349
2,156
(37.43)
(807)
of the Company
Earnings per share (in cents)
3.27
5.22
(37.36)
(1.95)
Attachments
Original Link
Original Document
Permalink
Disclaimer
Isetan (Singapore) Limited published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2023 08:05:09 UTC.
Isetan (Singapore) Limited is a Singapore-based company that is engaged in the business of operating department stores, operating supermarkets, to trade in general merchandise and to earn rental income from its investment properties. The Company operates through two segments: Retail and Property. The Retail segment is involved in the business of retailing and operating department stores and supermarkets. The Property segment is mainly involved in the leasing of properties owned by the Company. The Company operates the Isetan Scotts store, which is located at Shaw House; Isetan Tampines, which is located at Tampines Mall, and Isetan Serangoon Central, which is located at Nex Mall. The store has a collection of ladies' sundries, ladies' wear and menâs departments, and food and beverage concepts. Its supermarket at the basement level offers products with Japanese lifestyle concepts to the Singapore market. It also has an investment property in Isetan Wisma Atria.
ISETAN (SINGAPORE) LIMITED 
