TRIO-TECH INTERNATIONAL TRT Income Statement

Trio-tech international (TRT)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
Revenue
Manufacturing
13,684	14,262	14,569	14,889	14,202	14,229	14,850	15,978	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Testing services
0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Manufacturing
-	-	-	-	-	-	-	-	-	-	-	-	14,847	15,085	15,041	14,510	14,003	12,894	12,966	12,873	14,327	14,362	15,710	18,068	18,432	18,056	16,378	16,609	19,017	20,267	20,550	18,030	19,273	17,655	14,360	20,447	0	0	0
Testing services
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Testing services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,029	14,398	14,132	13,540	12,922	15,903	15,754	12,943	13,126	0	0	0
Distribution
8,202	7,704	7,606	7,451	7,265	7,571	7,261	6,853	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate
66	75	88	98	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate
-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total
37,911	38,248	38,976	39,198	39,333	40,599	41,461	42,361	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Testing services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Fabrication Services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	3,479	3,534	3,080	900	0	0	0
Others
-	-	-	-	-	-	-	-	-	-	-	-	154	150	129	122	126	136	162	173	171	174	176	177	172	159	146	132	119	116	131	148	950	969	922	1,062	0	0	0
Total
-	-	-	-	-	-	-	-	-	-	-	-	36,715	36,245	35,495	34,454	34,038	33,226	33,769	33,932	34,920	34,416	34,858	36,262	36,083	34,573	31,692	31,770	30,722	31,715	31,876	31,100	39,607	37,914	31,305	35,535	0	0	0
Cost of Sales
Cost of manufactured products sold
10,376	10,828	11,091	11,393	10,772	10,999	11,421	12,213	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of manufactured products sold
-	-	-	-	-	-	-	-	-	-	-	-	11,593	11,845	11,694	11,008	10,352	9,299	9,554	10,318	12,061	12,412	13,750	15,223	15,617	15,260	13,734	14,414	16,369	17,406	17,611	15,192	16,312	14,979	12,241	17,542	0	0	0
Cost of testing services rendered
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of distribution
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of distribution
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of testing services rendered
11,897	11,822	12,010	12,202	12,793	13,422	13,567	13,323	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	12,601	12,375	11,854	11,222	10,874	10,781	10,757	10,702	10,659	12,077	11,428	8,864	8,339	0	0	0
Cost of distribution
7,128	6,702	6,626	6,505	6,301	6,639	6,386	6,068	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of real estate
99	97	97	97	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of fabrication services rendered
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	3,798	3,586	3,059	1,142	0	0	0
Others
-	-	-	-	-	-	-	-	-	116	116	100	102	104	104	123	126	129	135	137	137	138	138	139	139	136	133	131	132	123	117	110	178	194	169	193	0	0	0
Total
29,500	29,449	29,824	30,197	29,949	31,157	31,482	31,723	32,089	31,595	30,648	29,076	27,272	27,117	26,546	25,685	25,416	24,248	24,463	25,007	25,938	25,955	26,853	27,963	27,957	27,250	25,089	25,419	24,393	25,626	26,298	25,961	32,367	30,189	24,333	27,216	0	0	0
Gross margin
8,411	8,799	9,152	9,001	9,384	9,442	9,979	10,638	10,150	10,365	9,864	9,462	9,443	9,128	8,949	8,769	8,622	8,978	9,306	8,925	8,982	8,461	8,005	8,299	8,126	7,323	6,603	6,351	6,329	6,089	5,578	5,139	7,240	7,725	6,972	8,319	0	0	0
Operating Expenses
General and administrative
7,145	7,133	7,078	7,049	7,134	7,165	7,170	7,250	7,072	6,958	7,007	6,911	6,766	6,707	6,530	6,449	6,523	6,660	6,772	6,848	7,120	7,140	7,267	7,363	6,981	6,804	6,533	6,450	6,119	6,159	6,758	7,105	10,273	10,650	8,487	8,219	0	0	0
Selling
793	858	869	826	794	729	794	826	832	873	801	807	793	729	690	676	656	733	757	717	710	615	658	732	671	679	614	537	570	586	566	582	698	649	527	511	0	0	0
Research and development
355	352	349	345	344	343	339	451	429	405	339	208	208	208	207	200	192	185	181	182	184	189	191	196	214	237	260	281	291	292	293	295	382	368	296	250	0	0	0
Impairment loss on long-lived assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of property, plant and equipment
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss/ (gain) of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	55	70	70	70	15	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-10	38	40	40	56	7	5	3	-4	-297	-144	-144	-147	0	0	0
Total operating expenses
8,408	8,306	8,259	8,207	8,202	8,149	8,215	8,450	8,322	8,286	8,205	7,973	7,793	7,640	7,411	7,309	7,240	7,447	7,666	7,718	8,111	8,041	8,128	8,301	7,828	7,680	7,367	7,212	6,973	7,032	7,614	7,986	11,430	11,591	9,232	8,905	0	0	0
(Loss)/income from operations
757	1,247	1,647	1,548	191	302	773	1,197	1,664	1,915	1,495	1,325	978	816	866	788	1,422	1,536	0	-	0	0	-	-	0	0	0	-	-644	-943	-2,036	-2,847	-4,190	-3,866	-2,260	-586	0	0	0
Income from Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Income/(Expenses)
Interest expenses
255	266	309	319	309	299	253	233	227	206	202	202	202	206	209	204	222	227	234	245	241	251	259	263	261	271	277	287	279	290	288	271	342	313	244	243	0	0	0
Gain on sale of asset held for sale
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets held for sale
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	163	77	147	430	520	839	850	749	539	633	762	786	702	0	0	0
Total other income
1,536	1,898	692	615	620	-72	-33	102	240	195	360	312	73	-73	-261	-158	214	309	291	118	-58	6	-214	-100	-184	-124	153	233	560	560	461	268	290	448	542	459	0	0	0
Income from continuing operations before income taxes
1,539	2,391	1,585	1,409	1,802	1,221	1,731	2,290	2,068	2,274	2,019	1,801	1,723	1,415	1,277	1,302	1,596	1,840	1,931	1,325	813	426	-337	-102	114	-481	-611	-628	-84	-383	-1,575	-2,579	-3,899	-3,417	-1,718	-127	0	0	0
Income tax benefits/(expenses)
-89	128	-116	-42	111	882	1,019	987	1,120	246	300	341	325	234	253	237	419	574	620	507	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Expenses) / Tax Benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	99	236	195	0	0	0
Income Tax Benefits / (Expenses)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-
Income from continuing operations before non-controlling interest, net of tax
1,628	2,263	1,701	1,451	1,691	339	712	1,303	948	2,028	1,719	1,460	1,398	1,181	1,024	1,065	1,177	1,266	1,311	818	635	602	10	242	572	-235	-432	-368	-64	-321	-1,349	-2,514	-3,948	-3,517	-1,954	-322	0	0	0
Equity in earnings of unconsolidated joint venture, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of unconsolidated jointventure, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of unconsolidated joint venture, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of unconsolidated jointventure, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Equity in loss of unconsolidated joint venture, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-11	-13	-20	-20	-9	0	0	0
Discontinued Operations
(Loss)/income from discontinued operations, net of tax
-22	1	4	-3	-4	-12	-18	-13	-12	-7	-9	-5	-3	-3	7	-4	-6	-18	-30	6	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME
1,606	2,264	1,705	1,448	1,687	327	694	1,290	936	2,021	1,710	1,455	1,395	1,178	1,031	1,061	1,171	1,248	1,281	824	639	653	37	201	83	-758	-977	-1,102	-2,195	-2,452	-3,429	-4,375	-3,965	-3,541	-1,977	-335	0	0	0
Less: net (loss)/income attributable to non-controlling interest
388	433	-48	-97	-84	-22	20	106	74	70	122	139	252	235	208	282	208	236	365	303	200	256	99	144	224	83	42	-83	-513	-795	-1,112	-1,271	-723	-355	6	353	0	0	0
Net income attributable to Trio-Tech International common shareholders
1,218	1,831	1,753	1,545	1,771	349	674	1,184	862	1,951	1,588	1,316	1,143	943	823	779	963	1,012	916	521	439	397	-62	57	-141	-841	-1,019	-1,019	-1,682	-1,657	-2,317	-3,104	-3,242	-3,186	-1,983	-688	0	0	0
Amounts Attributable to Trio-Tech International Common Shareholders:
Income from continuing operations, net of tax
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	439	370	-75	81	105	-576	-758	-671	-738	-713	-1,385	-2,281	-3,238	-3,182	-1,980	-684	0	0	0
(Loss)/income from discontinued operations, net of tax
-13	-1	0	-3	-5	-9	-16	-13	-11	-9	-10	-9	-8	-12	-4	-9	-7	-10	-15	4	17	59	32	-24	-489	-523	-545	-734	-1,104	-1,104	-1,053	-823	-4	-4	-3	-4	0	0	0
Income / (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-34	0	0	-	-	0	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-
Loss from discontinued operations, net of tax
-13	-1	0	-3	-5	-9	-16	-13	-11	-9	-10	-9	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	-4	-3	-4	0	0	0
Net income attributable to Trio-Tech International common shareholders
1,218	1,831	1,753	1,545	1,771	349	674	1,184	862	1,951	1,588	1,316	1,143	943	823	779	963	1,012	916	521	439	397	-62	57	-141	-841	-1,019	-1,019	-1,682	-1,657	-2,317	-3,104	-3,242	-3,186	-1,983	-688	0	0	0
Net income / (loss)
1,606	2,264	1,705	1,448	1,687	327	694	1,290	936	2,021	1,710	1,455	0	0	0	-	-	-	-	-	-	-	-	-	83	-758	-977	-1,102	-2,195	-2,452	-3,429	-4,375	-3,965	-3,541	-1,977	-335	0	0	0
Foreign currency translation, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13	-104	634	0	0	0	-	0	0	0	-	-	-	-
Foreign currency translation, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,448	0	0	0
Comprehensive Loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-771	-1,081	-468	-2,078	-2,090	-2,590	-4,625	-3,641	-3,111	-1,972	1,113	0	0	0
Less: Comprehensive (loss) / income attributable to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	-44	58	2,088	1,852	1,565	1,249	-1,082	-574	-227	160	0	0	0
Comprehensive Loss Attributable to Trio-Tech International Common Shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-787	-1,037	-526	-1,668	-1,444	-1,657	-3,376	-2,558	-2,536	-1,745	953	0	0	0
Basic Earnings per Share:
Basic earnings per share from continuing operations attributable to Trio-Tech International
0.02	0.12	0.07	0.12	0.19	0.09	0.02	0.20	-0.21	0.19	0.16	0.10	0.10	0.09	0.09	0.05	0.04	0.05	0.08	0.10	0.06	0.03	-0.04	0.08	0.04	-0.10	0.00	0.08	-0.16	-0.15	0.03	0.07	-0.16	-0.36	-0.24	-0.28	-0.14	0.06	0.15
Basic earnings per share from discontinued operations attributable to Trio-Tech International
0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.01	0.00	-0.01	-0.06	0.00	-0.01	-0.04	-0.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Basic earnings per share from net income attributable to Trio-Tech International
0.02	0.12	0.07	0.12	0.19	0.09	0.02	0.19	-0.21	0.19	0.16	0.10	0.10	0.09	0.09	0.05	0.04	0.05	0.08	0.10	0.06	0.03	-0.04	0.07	0.05	-0.10	-0.01	0.02	-0.16	-0.16	-0.01	-0.18	-0.16	-0.36	-0.24	-0.28	-0.14	0.06	0.15
Diluted Earnings per Share:
Diluted earnings per share from continuing operations attributable to Trio-Tech International
0.02	0.11	0.07	0.11	0.19	0.09	0.02	0.18	-0.20	0.18	0.16	0.09	0.10	0.09	0.08	0.05	0.04	0.05	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.14	0.05	0.14
Diluted earnings per share from discontinued operations attributable to Trio-Tech International
0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share from net income attributable to Trio-Tech International
0.02	0.11	0.07	0.11	0.19	0.09	0.02	0.17	-0.20	0.18	0.16	0.09	0.10	0.09	0.08	0.05	0.04	0.05	0.08	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.14
Diluted loss per share from discontinued operations attributable to Trio-Tech International
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00
Diluted (Loss) / Earnings per Share from Net Loss income attributable to Trio-Tech International
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.14	-	-
Weighted average number of common shares outstanding basic (in thousands)
3	3	3,673	11,076	3	3	3,608	14,201	3	3	3	7,062	3	3,513	3,513	10,531	3	3	3,513	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Dilutive effect of stock options (in thousands)
0	0	17	231	0	0	124	871	0	0	0	361	0	56	66	79	0	0	8	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-0	0	0	0
Number of shares used to compute earnings per share diluted (in thousands)
3	3	3,690	11,308	3	3	3,732	15,072	3	3	3	7,424	3	3,569	3,579	10,611	3	3	3,521	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	2	3	3	3