HKG:0065 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	161.55	180.93	187.96	191.18	183.02
Revenue Growth (YoY)	-10.71%	-3.74%	-1.68%	4.46%	37.59%
Cost of Revenue	96.62	115.76	122.75	110.01	109.15
Gross Profit	64.93	65.17	65.21	81.17	73.87
Selling, General & Admin	89.88	107.72	77.53	76.72	78.1
Other Operating Expenses	-2.89	-1.41	-0.56	-2.6	-0.51
Operating Expenses	95.67	110.78	76.98	67.41	70.5
Operating Income	-30.74	-45.61	-11.77	13.76	3.37
Interest Expense	-0.07	-0.04	-0.83	-1.17	-0.04
Interest & Investment Income	-	1.96	1.8	0.26	0.31
Earnings From Equity Investments	-1.86	-1.67	-	-	-
Currency Exchange Gain (Loss)	-	-	0.13	-	0.5
EBT Excluding Unusual Items	-32.67	-45.35	-10.67	12.85	4.14
Gain (Loss) on Sale of Assets	-	-	0.02	0.06	2.07
Asset Writedown	-43.84	-21.49	-	20	25.38
Other Unusual Items	-	-	-22.19	-	-
Pretax Income	-76.5	-66.84	-32.84	32.9	31.59
Income Tax Expense	-7.08	-3.06	0.77	6.8	-0.39
Earnings From Continuing Operations	-69.42	-63.78	-33.61	26.1	31.98
Net Income to Company	-69.42	-63.78	-33.61	26.1	31.98
Minority Interest in Earnings	18.46	13.02	9.88	-15.86	-17.6
Net Income	-50.97	-50.77	-23.73	10.24	14.37
Net Income to Common	-50.97	-50.77	-23.73	10.24	14.37
Net Income Growth	-	-	-	-28.77%	-
Shares Outstanding (Basic)	213	199	162	150	150
Shares Outstanding (Diluted)	213	199	162	150	150
Shares Change (YoY)	7.08%	22.62%	7.98%	-	-
EPS (Basic)	-0.24	-0.26	-0.15	0.07	0.10
EPS (Diluted)	-0.24	-0.26	-0.15	0.07	0.10
EPS Growth	-	-	-	-28.86%	-
Free Cash Flow	-	-11.45	-18.47	-4.31	14.59
Free Cash Flow Per Share	-	-0.06	-0.11	-0.03	0.10
Gross Margin	40.19%	36.02%	34.69%	42.45%	40.36%
Operating Margin	-19.03%	-25.21%	-6.26%	7.20%	1.84%
Profit Margin	-31.55%	-28.06%	-12.63%	5.36%	7.85%
Free Cash Flow Margin	-	-6.33%	-9.83%	-2.25%	7.97%
EBITDA	-8.02	-22.88	7.57	21.39	9.64
EBITDA Margin	-4.96%	-12.65%	4.03%	11.19%	5.27%
D&A For EBITDA	22.73	22.73	19.34	7.63	6.28
EBIT	-30.74	-45.61	-11.77	13.76	3.37
EBIT Margin	-19.03%	-25.21%	-6.26%	7.20%	1.84%
Effective Tax Rate	-	-	-	20.67%	-

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