Power Assets Holdings 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
Operating Revenue	817	919	1,292	1,265	1,276	1,270
Other Revenue	-	-	-	-	353	193
Revenue	817	919	1,292	1,265	1,629	1,463
Revenue Growth (YoY)	-24.63%	-28.87%	2.13%	-22.35%	11.35%	8.53%
Selling, General & Admin	424	424	421	-	111	120
Depreciation & Amortization	3	3	4	-	3	4
Other Operating Expenses	97	33	32	101	29	30
Total Operating Expenses	524	460	457	101	143	154
Operating Income	293	459	835	1,164	1,486	1,309
Interest Expense	-201	-169	-143	-104	-125	-86
Interest Income	123	123	218	-	12	56
Net Interest Expense	-78	-46	75	-104	-113	-30
Income (Loss) on Equity Investments	6,047	5,855	5,264	4,778	4,896	5,111
Currency Exchange Gain (Loss)	-7	-7	35	-	3	-190
Other Non-Operating Income (Expenses)	112	91	43	-	-	-
EBT Excluding Unusual Items	6,367	6,352	6,252	5,838	6,272	6,200
Pretax Income	6,367	6,352	6,252	5,838	6,272	6,200
Income Tax Expense	212	233	249	189	132	68
Net Income	6,155	6,119	6,003	5,649	6,140	6,132
Net Income to Common	6,155	6,119	6,003	5,649	6,140	6,132
Net Income Growth	1.74%	1.93%	6.27%	-8.00%	0.13%	-14.01%
Shares Outstanding (Basic)	2,131	2,131	2,131	2,134	2,134	2,134
Shares Outstanding (Diluted)	2,131	2,131	2,131	2,134	2,134	2,134
Shares Change (YoY)	-	-	-0.11%	-0.03%	-	-
EPS (Basic)	2.89	2.87	2.82	2.65	2.88	2.87
EPS (Diluted)	2.89	2.87	2.82	2.65	2.88	2.87
EPS Growth	1.74%	1.93%	6.39%	-7.96%	0.13%	-14.01%
Free Cash Flow	876	941	1,548	771	939	960
Free Cash Flow Per Share	0.41	0.44	0.73	0.36	0.44	0.45
Dividend Per Share	2.820	2.820	2.820	2.820	2.820	2.810
Dividend Growth	-	-	-	-	0.36%	0.36%
Profit Margin	753.37%	665.83%	464.63%	446.56%	376.92%	419.14%
Free Cash Flow Margin	107.22%	102.39%	119.81%	60.95%	57.64%	65.62%
EBITDA	293	460	836	1,165	1,487	1,310
EBITDA Margin	35.86%	50.05%	64.71%	92.09%	91.28%	89.54%
D&A For EBITDA	-	1	1	1	1	1
EBIT	293	459	835	1,164	1,486	1,309
EBIT Margin	35.86%	49.95%	64.63%	92.02%	91.22%	89.47%
Effective Tax Rate	3.33%	3.67%	3.98%	3.24%	2.10%	1.10%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.