HKG:0031 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	4,031	3,841	3,451	4,502	4,745
Revenue Growth (YoY)	4.94%	11.32%	-23.34%	-5.14%	32.55%
Cost of Revenue	3,348	3,034	2,750	3,512	3,671
Gross Profit	683.17	807.85	700.72	989.11	1,075
Selling, General & Admin	482.57	487.1	479.27	521.72	486.36
Research & Development	188.68	189.66	162.39	155.52	140.24
Operating Expenses	650.72	703.83	646.58	852.16	748.3
Operating Income	32.46	104.03	54.13	136.94	326.36
Interest Expense	-48.41	-53.41	-60.82	-76.24	-76.95
Interest & Investment Income	-	30.45	37.42	37.19	37.11
Earnings From Equity Investments	-46.87	4.49	-5.76	-10.32	2.85
Currency Exchange Gain (Loss)	-	11.23	-0.2	-8.71	-3.4
Other Non Operating Income (Expenses)	152.84	47.18	77.11	7.18	40.02
EBT Excluding Unusual Items	90.02	143.95	101.88	86.03	325.99
Gain (Loss) on Sale of Investments	-	-15.7	-4.95	18.29	6.96
Gain (Loss) on Sale of Assets	-	0.58	-0.4	-1.08	0.02
Asset Writedown	-590.88	-299.75	-123.09	139.57	-47.72
Other Unusual Items	-	-	-	-568.54	200.86
Pretax Income	-500.86	-170.92	-26.56	-325.72	486.1
Income Tax Expense	-218.16	-87.07	-24.79	-73	82.89
Earnings From Continuing Operations	-282.7	-83.85	-1.77	-252.72	403.21
Net Income to Company	-282.7	-83.85	-1.77	-252.72	403.21
Minority Interest in Earnings	117.18	30.55	5.81	132.8	-57.45
Net Income	-165.53	-53.31	4.05	-119.92	345.76
Net Income to Common	-165.53	-53.31	4.05	-119.92	345.76
Net Income Growth	-	-	-	-	16.54%
Shares Outstanding (Basic)	3,082	3,085	3,085	3,085	3,085
Shares Outstanding (Diluted)	3,082	3,085	3,085	3,085	3,085
Shares Change (YoY)	-0.08%	-	-	-	-
EPS (Basic)	-0.05	-0.02	0.00	-0.04	0.11
EPS (Diluted)	-0.05	-0.02	0.00	-0.04	0.11
EPS Growth	-	-	-	-	16.54%
Free Cash Flow	-	-366.67	-187.5	426.69	-276.6
Free Cash Flow Per Share	-	-0.12	-0.06	0.14	-0.09
Dividend Per Share	-	-	-	0.025	0.020
Dividend Growth	-	-	-	25.00%	-
Gross Margin	16.95%	21.03%	20.30%	21.97%	22.65%
Operating Margin	0.80%	2.71%	1.57%	3.04%	6.88%
Profit Margin	-4.11%	-1.39%	0.12%	-2.66%	7.29%
Free Cash Flow Margin	-	-9.54%	-5.43%	9.48%	-5.83%
EBITDA	243.57	315.14	277.04	382.32	528.18
EBITDA Margin	6.04%	8.20%	8.03%	8.49%	11.13%
D&A For EBITDA	211.11	211.11	222.91	245.37	201.82
EBIT	32.46	104.03	54.13	136.94	326.36
EBIT Margin	0.80%	2.71%	1.57%	3.04%	6.88%
Effective Tax Rate	-	-	-	-	17.05%

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