HKG:0012 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	25,741	25,256	27,570	25,551	23,527
Revenue Growth (YoY)	1.92%	-8.39%	7.90%	8.60%	-5.97%
Cost of Revenue	17,621	16,356	17,732	15,129	11,368
Gross Profit	8,120	8,900	9,838	10,422	12,159
Selling, General & Admin	3,773	3,751	3,631	3,737	3,219
Other Operating Expenses	-5	40	-175	-291	-481
Operating Expenses	3,768	3,791	3,456	3,446	2,738
Operating Income	4,352	5,109	6,382	6,976	9,421
Interest Expense	-2,238	-2,261	-1,928	-800	-236
Interest & Investment Income	444	452	679	204	109
Earnings From Equity Investments	2,735	3,098	5,557	4,618	3,820
Currency Exchange Gain (Loss)	-37	-60	-45	54	85
Other Non Operating Income (Expenses)	-139	-141	-154	-131	-105
EBT Excluding Unusual Items	5,117	6,197	10,491	10,921	13,094
Gain (Loss) on Sale of Investments	44	43	1,589	-253	2,061
Gain (Loss) on Sale of Assets	1,149	3,512	64	56	162
Asset Writedown	160	-1,514	-1,700	-12	59
Other Unusual Items	-	-	-	68	2
Pretax Income	6,470	8,238	10,444	10,780	15,378
Income Tax Expense	-48	955	666	1,277	2,018
Earnings From Continuing Operations	6,518	7,283	9,778	9,503	13,360
Minority Interest in Earnings	-865	-987	-517	-264	-165
Net Income	5,653	6,296	9,261	9,239	13,195
Net Income to Common	5,653	6,296	9,261	9,239	13,195
Net Income Growth	-10.21%	-32.02%	0.24%	-29.98%	29.46%
Shares Outstanding (Basic)	4,841	4,841	4,841	4,841	4,841
Shares Outstanding (Diluted)	4,946	4,841	4,841	4,841	4,841
Shares Change (YoY)	2.17%	-	-	-	-
EPS (Basic)	1.17	1.30	1.91	1.91	2.73
EPS (Diluted)	1.14	1.30	1.91	1.91	2.73
EPS Growth	-12.31%	-32.05%	0.24%	-29.98%	29.46%
Dividend Per Share	1.260	1.800	1.800	1.800	1.800
Dividend Growth	-30.00%	-	-	-	-
Gross Margin	31.55%	35.24%	35.68%	40.79%	51.68%
Operating Margin	16.91%	20.23%	23.15%	27.30%	40.04%
Profit Margin	21.96%	24.93%	33.59%	36.16%	56.08%
EBITDA	4,532	5,303	6,585	7,165	9,570
EBITDA Margin	17.61%	21.00%	23.89%	28.04%	40.68%
D&A For EBITDA	180	194	203	189	149
EBIT	4,352	5,109	6,382	6,976	9,421
EBIT Margin	16.91%	20.23%	23.15%	27.30%	40.04%
Effective Tax Rate	-	11.59%	6.38%	11.85%	13.12%

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