Far East Holdings International Limited (HKG:0036)

HKG:0036 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Rental Revenue	14.17	9.26	4.7	24.83	37.25
Total Revenue	14.17	9.26	4.7	24.83	37.25
Revenue Growth (YoY	53.12%	97.10%	-81.08%	-33.36%	-6.24%
Property Expenses	2.44	2.96	3.03	0.9	1.89
Selling, General & Administrative	4.46	4.61	4.59	4.71	5.5
Total Operating Expenses	6.91	7.56	7.62	5.61	7.39
Operating Income	7.27	1.69	-2.92	19.21	29.86
Interest Expense	-47.61	-40.8	-20.5	-15.95	-21.7
Interest & Investment Income	-	0.05	0.09	0.2	0.68
Other Non-Operating Income	-0.58	0.04	0.02	-12.86	0.23
EBT Excluding Unusual Items	-40.92	-39.02	-23.32	-9.39	9.07
Gain (Loss) on Sale of Investments	-3.72	3.18	-4.85	-203.12	146.6
Gain (Loss) on Sale of Assets	-	-	0.02	0.02	5.92
Asset Writedown	-576.15	-86.3	-79.7	-55	-102.1
Other Unusual Items	-	-	0.1	-	-
Pretax Income	-620.78	-122.14	-107.75	-267.5	59.48
Income Tax Expense	0.05	0.45	0.23	0	2.4
Earnings From Continuing Operations	-620.83	-122.58	-107.98	-267.5	57.09
Earnings From Discontinued Operations	-	-	-	-	3.14
Net Income to Company	-620.83	-122.58	-107.98	-267.5	60.23
Minority Interest in Earnings	277.34	49.73	39.18	26.84	33.21
Net Income	-343.49	-72.85	-68.8	-240.66	93.44
Net Income to Common	-343.49	-72.85	-68.8	-240.66	93.44
Basic Shares Outstanding	121	121	109	109	109
Diluted Shares Outstanding	121	121	109	109	109
Shares Change (YoY)	-	11.48%	-	-	-
EPS (Basic)	-2.83	-0.60	-0.63	-2.21	0.86
EPS (Diluted)	-2.83	-0.60	-0.63	-2.21	0.86
Operating Margin	51.27%	18.29%	-62.27%	77.39%	80.16%
Profit Margin	-2423.57%	-787.07%	-1465.06%	-969.43%	250.82%
EBITDA	7.64	2.09	-2.47	19.7	30.12
EBITDA Margin	53.90%	22.55%	-52.49%	79.37%	80.84%
D&A For Ebitda	0.37	0.39	0.46	0.49	0.26
EBIT	7.27	1.69	-2.92	19.21	29.86
EBIT Margin	51.27%	18.29%	-62.27%	77.39%	80.16%
Effective Tax Rate	-	-	-	-	4.03%

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.