HKG:0058 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
Operating Revenue	205.19	256.39	246.53	451.12	515.91
Revenue	205.19	256.39	246.53	451.12	515.91
Revenue Growth (YoY)	-19.97%	4.00%	-45.35%	-12.56%	34.02%
Cost of Revenue	184.24	212.55	208.98	345.52	419.36
Gross Profit	20.96	43.83	37.56	105.6	96.54
Selling, General & Admin	61.09	76.19	70.46	109.97	106.22
Other Operating Expenses	3.22	4.32	2.23	0.49	4.12
Operating Expenses	75.61	109.03	72.75	145.99	105.03
Operating Income	-54.66	-65.2	-35.19	-40.39	-8.49
Interest Expense	-2.04	-2.15	-1.62	-3.13	-2.77
Interest & Investment Income	-	0.32	0.05	-	0.02
Currency Exchange Gain (Loss)	-	-	-0.07	0.13	-0.09
Other Non Operating Income (Expenses)	-0.51	-10.25	-5.6	-3.97	-11.29
EBT Excluding Unusual Items	-57.2	-77.27	-42.44	-47.37	-22.62
Impairment of Goodwill	-	-	-19.94	-	-
Gain (Loss) on Sale of Investments	-	-	-	-5.8	5.19
Gain (Loss) on Sale of Assets	-	-7.04	0.12	0.26	-2.34
Asset Writedown	-	-	-1.63	-	-
Other Unusual Items	-	0	-	0.33	-
Pretax Income	-57.2	-84.31	-63.89	-52.58	-19.77
Income Tax Expense	-0.58	-4.21	0.38	-7.2	8.36
Earnings From Continuing Operations	-56.62	-80.1	-64.26	-45.38	-28.12
Net Income to Company	-56.62	-80.1	-64.26	-45.38	-28.12
Minority Interest in Earnings	16.41	23.97	19.12	8	3.38
Net Income	-40.21	-56.12	-45.15	-37.39	-24.74
Net Income to Common	-40.21	-56.12	-45.15	-37.39	-24.74
Shares Outstanding (Basic)	243	183	180	180	180
Shares Outstanding (Diluted)	243	183	180	180	180
Shares Change (YoY)	32.79%	1.75%	-	-	4.21%
EPS (Basic)	-0.17	-0.31	-0.25	-0.21	-0.14
EPS (Diluted)	-0.17	-0.31	-0.25	-0.21	-0.14
Free Cash Flow	-	-22.55	24.71	20.81	0.05
Free Cash Flow Per Share	-	-0.12	0.14	0.12	-
Gross Margin	10.21%	17.10%	15.23%	23.41%	18.71%
Operating Margin	-26.64%	-25.43%	-14.28%	-8.95%	-1.65%
Profit Margin	-19.60%	-21.89%	-18.31%	-8.29%	-4.80%
Free Cash Flow Margin	-	-8.79%	10.02%	4.61%	0.01%
EBITDA	-41.44	-51.98	-20.76	-24.31	13.08
EBITDA Margin	-20.20%	-20.28%	-8.42%	-5.39%	2.54%
D&A For EBITDA	13.22	13.22	14.43	16.08	21.57
EBIT	-54.66	-65.2	-35.19	-40.39	-8.49
EBIT Margin	-26.64%	-25.43%	-14.28%	-8.95%	-1.65%

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