FRA:DSR 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
Interest Income on Loans	11,335	12,246	11,600	7,008	5,177	6,231
Interest Paid on Deposits	5,714	6,845	6,649	2,577	1,222	2,511
Net Interest Income	5,621	5,401	4,951	4,431	3,954	3,719
Net Interest Income Growth (YoY)	7.83%	9.09%	11.72%	12.07%	6.32%	-9.84%
Income From Trading Activities	629.67	270.39	193.6	17.39	201.49	376.07
Gain (Loss) on Sale of Assets	-1.68	-1.76	2.83	-2.45	-8.93	-3.03
Gain (Loss) on Sale of Investments	0.66	-15.06	-552.01	-1,683	-752.21	-517.55
Other Non-Interest Income	1,680	1,540	1,099	2,537	1,521	1,476
Total Non-Interest Income	2,309	1,794	743.33	869.1	960.91	1,332
Non-Interest Income Growth (YoY)	83.50%	141.30%	-14.47%	-9.55%	-27.83%	12.31%
Revenues Before Loan Losses	7,930	7,194	5,694	5,301	4,915	5,051
Provision for Loan Losses	1,976	1,790	731.51	803.85	372.31	647.67
Revenue	5,954	5,404	4,963	4,497	4,543	4,403
Revenue Growth (YoY)	11.21%	8.89%	10.37%	-1.02%	3.17%	-11.12%
Salaries and Employee Benefits	2,469	2,312	2,154	2,103	2,107	2,121
Occupancy Expenses	656.27	654.52	582.93	638.45	639.26	607.34
Selling, General & Administrative	139.44	146.28	152.63	151.09	144.14	150.37
Other Non-Interest Expense	317.41	310.87	346.31	217.39	314.76	208.25
Total Non-Interest Expense	2,881	2,733	2,534	2,423	2,475	2,344
EBT Excluding Unusual Items	3,073	2,671	2,429	2,074	2,068	2,059
Asset Writedown	-124.35	-124.35	-72.96	-62.09	-10.64	-142.75
Other Unusual Items	-	-	-	6.01	-	67.8
Pretax Income	2,949	2,547	2,356	2,017	2,058	1,886
Income Tax Expense	407.08	345.72	286.88	380.75	322.93	342.71
Earnings From Continuing Operations	2,542	2,201	2,069	1,637	1,735	1,543
Minority Interest in Earnings	-574.91	-528.06	-476.79	-412.33	-426.35	-384.88
Net Income	1,967	1,673	1,592	1,224	1,308	1,158
Net Income to Common	1,967	1,673	1,592	1,224	1,308	1,158
Net Income Growth	10.34%	5.09%	30.03%	-6.42%	12.97%	-32.19%
Basic Shares Outstanding	319	319	319	320	320	320
Diluted Shares Outstanding	320	320	320	320	320	320
Shares Change (YoY)	0.02%	0.10%	0.10%	0.01%	-	-1.14%
EPS (Basic)	6.16	5.25	4.99	3.83	4.09	3.62
EPS (Diluted)	5.24	4.36	4.11	3.60	4.09	3.62
EPS Growth	22.06%	6.25%	14.22%	-12.10%	12.86%	-31.40%
Dividend Per Share	2.340	2.100	2.000	1.140	1.060	0.940
Dividend Growth	-8.59%	5.00%	75.44%	7.55%	12.77%	-36.05%
Effective Tax Rate	13.80%	13.57%	12.18%	18.87%	15.69%	18.17%

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