HKG:0003 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	54,326	55,473	56,971	60,953	53,564
Revenue Growth (YoY)	-2.07%	-2.63%	-6.53%	13.80%	30.88%
Depreciation & Amortization	3,803	3,568	3,542	3,525	3,289
Other Operating Expenses	42,391	43,727	45,292	49,066	41,455
Total Operating Expenses	46,194	47,295	48,834	52,592	44,744
Operating Income	8,132	8,178	8,137	8,362	8,820
Interest Expense	-1,972	-2,257	-2,215	-1,776	-1,408
Interest Income	-	359.4	496.8	372.7	324.3
Net Interest Expense	-1,972	-1,898	-1,718	-1,403	-1,084
Income (Loss) on Equity Investments	2,028	2,080	2,927	1,067	2,533
Currency Exchange Gain (Loss)	-	26.8	-21.8	-112.4	85.7
Other Non-Operating Income (Expenses)	14.5	73.6	101.4	526.9	-408.5
EBT Excluding Unusual Items	8,203	8,461	9,426	8,440	9,946
Restructuring Charges	-	-	120.6	-	-
Impairment of Goodwill	-	-30.8	-576.3	-145	-114.4
Gain (Loss) on Sale of Investments	198.7	28	753.1	-161.2	-55.1
Gain (Loss) on Sale of Assets	206.4	214.4	-40.5	-	-
Asset Writedown	-2	-182	-508.4	50	-1,395
Pretax Income	8,606	8,490	9,174	8,184	8,381
Income Tax Expense	1,891	1,729	2,003	1,859	2,155
Earnings From Continuing Ops.	6,715	6,761	7,171	6,324	6,226
Minority Interest in Earnings	-1,027	-1,050	-992.8	-965	-1,098
Net Income	5,688	5,712	6,179	5,359	5,128
Preferred Dividends & Other Adjustments	-	-	108.4	111.5	110.9
Net Income to Common	5,688	5,712	6,070	5,248	5,017
Net Income Growth	-0.41%	-7.56%	15.28%	4.52%	-16.18%
Shares Outstanding (Basic)	18,660	18,660	18,660	18,660	18,660
Shares Outstanding (Diluted)	18,660	18,660	18,660	18,660	18,660
EPS (Basic)	0.30	0.31	0.33	0.28	0.27
EPS (Diluted)	0.30	0.30	0.32	0.26	0.27
EPS Growth	0.36%	-4.84%	20.16%	-2.25%	-16.48%
Free Cash Flow	-	2,565	2,572	1,920	3,196
Free Cash Flow Per Share	-	0.14	0.14	0.10	0.17
Dividend Per Share	0.350	0.350	0.350	0.350	0.350
Dividend Growth	-	-	-	-	5.01%
Profit Margin	10.47%	10.30%	10.66%	8.61%	9.37%
Free Cash Flow Margin	-	4.62%	4.52%	3.15%	5.97%
EBITDA	11,527	11,572	11,492	11,669	11,895
EBITDA Margin	21.22%	20.86%	20.17%	19.14%	22.21%
D&A For EBITDA	3,395	3,395	3,355	3,307	3,075
EBIT	8,132	8,178	8,137	8,362	8,820
EBIT Margin	14.97%	14.74%	14.28%	13.72%	16.47%
Effective Tax Rate	21.97%	20.37%	21.83%	22.72%	25.71%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.