FRA:3LL Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Total Interest Expense	963.65	1,063	1,092	841.38	545.89	560.1
Net Interest Income	-963.65	-1,063	-1,092	-841.38	-545.89	-560.1
Other Revenue	4,205	4,405	3,705	3,414	2,611	1,927
Revenue Before Loan Losses	3,241	3,342	2,613	2,573	2,066	1,367
Provision for Loan Losses	208.98	446.97	91.17	90.26	-20.89	-23.66
Revenue	3,032	2,895	2,522	2,482	2,086	1,390
Revenue Growth (YoY)	8.20%	14.81%	1.58%	18.98%	50.05%	-0.74%
Salaries & Employee Benefits	102.92	105.27	106.31	124.7	91.77	48.96
Cost of Services Provided	450.06	398.44	310.84	302.86	202.99	112.6
Other Operating Expenses	170.39	161.79	85.74	146.79	82.34	75.69
Total Operating Expenses	1,319	1,244	995.82	1,051	746.33	510.12
Operating Income	1,713	1,651	1,526	1,431	1,340	880.31
Earnings From Equity Investments	344.94	478.05	396.37	323.97	41.55	102.38
Currency Exchange Gain (Loss)	-	-	-	-	-	35.5
EBT Excluding Unusual Items	2,052	2,123	1,918	1,755	1,382	1,018
Other Unusual Items	-	-	-	-	-	0.7
Pretax Income	2,109	2,180	1,944	1,756	1,401	1,128
Income Tax Expense	142.78	25.22	32.15	21.13	13.75	14.36
Earnings From Continuing Ops.	1,966	2,155	1,912	1,735	1,388	1,114
Minority Interest in Earnings	-82.51	-49.48	-10.06	-49.6	-36.02	-5.29
Net Income	1,884	2,106	1,902	1,685	1,352	1,109
Net Income to Common	1,884	2,106	1,902	1,685	1,352	1,109
Net Income Growth	-12.10%	10.73%	12.86%	24.66%	21.93%	25.53%
Shares Outstanding (Basic)	6,176	6,152	6,136	6,136	6,136	6,136
Shares Outstanding (Diluted)	6,190	6,166	6,138	6,136	6,136	6,136
Shares Change (YoY)	0.70%	0.46%	0.03%	-	-	12.92%
EPS (Basic)	0.31	0.34	0.31	0.27	0.22	0.18
EPS (Diluted)	0.30	0.34	0.31	0.27	0.22	0.18
EPS Growth	-13.12%	10.04%	12.86%	24.81%	21.78%	11.17%
Free Cash Flow	2,783	5,736	-3,078	1,854	-10,382	-806.91
Free Cash Flow Per Share	0.45	0.93	-0.50	0.30	-1.69	-0.13
Dividend Per Share	0.154	0.134	0.120	0.100	0.090	0.090
Dividend Growth	28.33%	11.67%	20.00%	11.11%	-	12.50%
Operating Margin	56.49%	57.02%	60.51%	57.66%	64.23%	63.31%
Profit Margin	62.14%	72.73%	75.41%	67.87%	64.78%	79.72%
Free Cash Flow Margin	91.81%	198.15%	-122.08%	74.68%	-497.59%	-58.03%
Effective Tax Rate	6.77%	1.16%	1.65%	1.20%	0.98%	1.27%

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.