HKG:0065 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	153.97	180.93	187.96	191.18	183.02	133.01
Revenue Growth (YoY)	-20.97%	-3.74%	-1.68%	4.46%	37.59%	-25.40%
Cost of Revenue	99.71	115.76	122.75	110.01	109.15	84.67
Gross Profit	54.26	65.17	65.21	81.17	73.87	48.34
Selling, General & Admin	96.41	107.72	77.53	76.72	78.1	86.02
Other Operating Expenses	-1.21	-1.41	-0.56	-2.6	-0.51	-4.97
Operating Expenses	99.67	110.78	76.98	67.41	70.5	88.39
Operating Income	-45.42	-45.61	-11.77	13.76	3.37	-40.05
Interest Expense	-0.07	-0.04	-0.83	-1.17	-0.04	-0.13
Interest & Investment Income	1.96	1.96	1.8	0.26	0.31	0.79
Earnings From Equity Investments	-3.52	-1.67	-	-	-	-
Currency Exchange Gain (Loss)	-	-	0.13	-	0.5	-
EBT Excluding Unusual Items	-47.05	-45.35	-10.67	12.85	4.14	-39.38
Gain (Loss) on Sale of Assets	-	-	0.02	0.06	2.07	0.05
Asset Writedown	-21.49	-21.49	-	20	25.38	-27.99
Other Unusual Items	-	-	-22.19	-	-	-
Pretax Income	-68.54	-66.84	-32.84	32.9	31.59	-67.32
Income Tax Expense	-3.83	-3.06	0.77	6.8	-0.39	-4.45
Earnings From Continuing Operations	-64.71	-63.78	-33.61	26.1	31.98	-62.88
Net Income to Company	-64.71	-63.78	-33.61	26.1	31.98	-62.88
Minority Interest in Earnings	13.51	13.02	9.88	-15.86	-17.6	20.37
Net Income	-51.2	-50.77	-23.73	10.24	14.37	-42.51
Net Income to Common	-51.2	-50.77	-23.73	10.24	14.37	-42.51
Net Income Growth	-	-	-	-28.77%	-	-
Shares Outstanding (Basic)	205	199	162	150	150	150
Shares Outstanding (Diluted)	205	199	162	150	150	150
Shares Change (YoY)	12.08%	22.62%	7.98%	-	-	-
EPS (Basic)	-0.25	-0.26	-0.15	0.07	0.10	-0.28
EPS (Diluted)	-0.25	-0.26	-0.15	0.07	0.10	-0.28
EPS Growth	-	-	-	-28.86%	-	-
Free Cash Flow	-	-11.45	-18.47	-4.31	14.59	-22.55
Free Cash Flow Per Share	-	-0.06	-0.11	-0.03	0.10	-0.15
Gross Margin	35.24%	36.02%	34.69%	42.45%	40.36%	36.34%
Operating Margin	-29.50%	-25.21%	-6.26%	7.20%	1.84%	-30.11%
Profit Margin	-33.25%	-28.06%	-12.63%	5.36%	7.85%	-31.96%
Free Cash Flow Margin	-	-6.33%	-9.83%	-2.25%	7.97%	-16.95%
EBITDA	-20.24	-22.88	7.57	21.39	9.64	-18.67
EBITDA Margin	-13.15%	-12.65%	4.03%	11.19%	5.27%	-14.04%
D&A For EBITDA	25.17	22.73	19.34	7.63	6.28	21.38
EBIT	-45.42	-45.61	-11.77	13.76	3.37	-40.05
EBIT Margin	-29.50%	-25.21%	-6.26%	7.20%	1.84%	-30.11%
Effective Tax Rate	-	-	-	20.67%	-	-

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