HKG:0051 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	1,345	1,354	1,579	1,139	4,484
Revenue Growth (YoY)	-0.66%	-14.25%	38.63%	-74.60%	35.35%
Cost of Revenue	761	567	1,225	727	3,383
Gross Profit	584	787	354	412	1,101
Selling, General & Admin	245	202	225	232	290
Operating Expenses	438	386	439	460	513
Operating Income	146	401	-85	-48	588
Interest Expense	-13	-15	-34	-36	-29
Earnings From Equity Investments	-144	-256	-168	-68	-125
Other Non Operating Income (Expenses)	-	-1	-4	-7	-2
EBT Excluding Unusual Items	-11	129	-291	-159	432
Asset Writedown	-212	-153	94	-133	-77
Other Unusual Items	-	-	-	77	-
Pretax Income	-223	-24	-197	-215	355
Income Tax Expense	39	39	5	12	323
Earnings From Continuing Operations	-262	-63	-202	-227	32
Minority Interest in Earnings	28	-7	95	30	-56
Net Income	-234	-70	-107	-197	-24
Net Income to Common	-234	-70	-107	-197	-24
Shares Outstanding (Basic)	709	709	709	709	709
Shares Outstanding (Diluted)	709	709	709	709	709
EPS (Basic)	-0.33	-0.10	-0.15	-0.28	-0.03
EPS (Diluted)	-0.33	-0.10	-0.15	-0.28	-0.03
Free Cash Flow	326	212	253	-153	1,100
Free Cash Flow Per Share	0.46	0.30	0.36	-0.22	1.55
Dividend Per Share	-	0.050	-	-	-
Gross Margin	43.42%	58.12%	22.42%	36.17%	24.55%
Operating Margin	10.85%	29.62%	-5.38%	-4.21%	13.11%
Profit Margin	-17.40%	-5.17%	-6.78%	-17.30%	-0.53%
Free Cash Flow Margin	24.24%	15.66%	16.02%	-13.43%	24.53%
EBITDA	339	585	129	180	811
EBITDA Margin	25.20%	43.20%	8.17%	15.80%	18.09%
D&A For EBITDA	193	184	214	228	223
EBIT	146	401	-85	-48	588
EBIT Margin	10.85%	29.62%	-5.38%	-4.21%	13.11%
Effective Tax Rate	-	-	-	-	90.99%