Hysan Development Company 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
Rental Revenue	3,464	3,409	3,210	3,460	3,608
Other Revenue	-581	-83	233	211	283
Total Revenue	2,883	3,326	3,443	3,671	3,891
Revenue Growth (YoY	-13.32%	-3.40%	-6.21%	-5.65%	-1.42%
Property Expenses	686	646	621	567	499
Selling, General & Administrative	309	308	307	332	274
Total Operating Expenses	995	954	928	899	773
Operating Income	1,888	2,372	2,515	2,772	3,118
Interest Expense	-549	-417	-430	-408	-348
Interest & Investment Income	151	167	261	248	92
Currency Exchange Gain (Loss)	-	79	1	-7	-62
Other Non-Operating Income	2	-109	-48	-9	14
EBT Excluding Unusual Items	1,492	2,092	2,299	2,596	2,814
Gain (Loss) on Sale of Investments	-87	-19	-267	10	167
Gain (Loss) on Sale of Assets	592	-	-	-	-
Asset Writedown	-1,405	-1,506	-2,763	-3,213	-720
Pretax Income	592	567	-731	-607	2,261
Income Tax Expense	296	296	295	342	358
Earnings From Continuing Operations	296	271	-1,026	-949	1,903
Minority Interest in Earnings	544	182	596	242	-61
Net Income	840	453	-430	-707	1,842
Preferred Dividends & Other Adjustments	525	418	442	450	459
Net Income to Common	315	35	-872	-1,157	1,383
Net Income Growth	85.43%	-	-	-	-
Basic Shares Outstanding	1,027	1,027	1,027	1,030	1,038
Diluted Shares Outstanding	1,027	1,027	1,027	1,030	1,038
Shares Change (YoY)	-	-	-0.28%	-0.82%	-0.33%
EPS (Basic)	0.31	0.03	-0.85	-1.12	1.33
EPS (Diluted)	0.31	0.03	-0.85	-1.12	1.33
EPS Growth	922.39%	-	-	-	-
Dividend Per Share	1.080	1.080	1.080	1.440	1.440
Dividend Growth	-	-	-25.00%	-	-
Operating Margin	65.49%	71.32%	73.05%	75.51%	80.13%
Profit Margin	10.93%	1.05%	-25.33%	-31.52%	35.54%
EBITDA	1,924	2,408	2,548	2,804	3,147
EBITDA Margin	66.74%	72.40%	74.00%	76.38%	80.88%
D&A For Ebitda	36	36	33	32	29
EBIT	1,888	2,372	2,515	2,772	3,118
EBIT Margin	65.49%	71.32%	73.05%	75.51%	80.13%
Effective Tax Rate	50.00%	52.20%	-	-	15.83%

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