Tianjin Port Development Holdings Limited (FRA:T9P)

FRA:T9P Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	13,922	13,721	13,484	13,017	17,371	15,490
Revenue Growth (YoY)	-0.46%	1.75%	3.59%	-25.06%	12.14%	2.81%
Cost of Revenue	9,995	9,754	9,782	9,672	13,529	12,123
Gross Profit	3,927	3,967	3,702	3,345	3,842	3,367
Selling, General & Admin	2,059	2,092	1,997	2,011	2,192	1,771
Other Operating Expenses	19.68	13.21	11.61	-8.03	11.68	35.66
Operating Expenses	2,078	2,105	2,009	2,003	2,203	1,807
Operating Income	1,849	1,861	1,693	1,342	1,639	1,560
Interest Expense	-214.4	-248.44	-280.55	-390.09	-484.16	-550.12
Interest & Investment Income	130.13	129.5	132.76	218.08	192.77	185.77
Earnings From Equity Investments	342.91	379.45	435.33	397.55	411.1	435.84
Currency Exchange Gain (Loss)	0.48	-2.22	44.57	-205.34	58.47	129.76
Other Non Operating Income (Expenses)	-44.24	63.34	30.72	150.24	87.18	41.77
EBT Excluding Unusual Items	2,064	2,183	2,056	1,513	1,904	1,803
Gain (Loss) on Sale of Investments	-	-	-	108.52	128.85	5.92
Gain (Loss) on Sale of Assets	1.48	1.48	29.13	-14.96	443.47	-12.41
Pretax Income	2,065	2,184	2,085	1,606	2,476	1,797
Income Tax Expense	539.92	481.04	399.88	431.52	533.99	389.43
Earnings From Continuing Operations	1,525	1,703	1,685	1,175	1,942	1,408
Minority Interest in Earnings	-907.38	-1,013	-956.6	-829.64	-1,019	-771.37
Net Income	617.86	690.21	728.59	345.27	923.12	636.16
Net Income to Common	617.86	690.21	728.59	345.27	923.12	636.16
Net Income Growth	-8.09%	-5.27%	111.02%	-62.60%	45.11%	63.75%
Shares Outstanding (Basic)	6,158	6,158	6,158	6,158	6,158	6,158
Shares Outstanding (Diluted)	6,158	6,158	6,158	6,158	6,158	6,158
EPS (Basic)	0.10	0.11	0.12	0.06	0.15	0.10
EPS (Diluted)	0.10	0.11	0.12	0.06	0.15	0.10
EPS Growth	-8.09%	-5.27%	111.28%	-62.64%	45.54%	63.49%
Free Cash Flow	1,863	2,093	1,725	1,950	2,606	2,018
Free Cash Flow Per Share	0.30	0.34	0.28	0.32	0.42	0.33
Dividend Per Share	0.045	0.045	0.047	0.022	0.060	0.041
Dividend Growth	-5.29%	-5.29%	111.16%	-62.60%	45.04%	63.89%
Gross Margin	28.21%	28.91%	27.46%	25.70%	22.12%	21.74%
Operating Margin	13.28%	13.57%	12.56%	10.31%	9.43%	10.07%
Profit Margin	4.44%	5.03%	5.40%	2.65%	5.31%	4.11%
Free Cash Flow Margin	13.38%	15.26%	12.79%	14.98%	15.00%	13.03%
EBITDA	2,925	2,939	2,769	2,475	2,831	2,660
EBITDA Margin	21.01%	21.42%	20.54%	19.01%	16.30%	17.18%
D&A For EBITDA	1,076	1,078	1,076	1,133	1,193	1,100
EBIT	1,849	1,861	1,693	1,342	1,639	1,560
EBIT Margin	13.28%	13.57%	12.56%	10.31%	9.43%	10.07%
Effective Tax Rate	26.14%	22.02%	19.18%	26.86%	21.56%	21.67%

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