GR Life Style Company 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
Property Management Fees	327.91	310.02	352.64	352.28	331.34
Total Revenue	327.91	310.02	352.64	352.28	331.34
Revenue Growth (YoY	5.77%	-12.09%	0.10%	6.32%	9.88%
Property Expenses	118.93	112.38	108.98	122.46	145.93
Selling, General & Administrative	-	-	-	-	0.84
Depreciation & Amortization	1.46	2.28	2.54	3.21	3.96
Other Operating Expenses	150.19	119.64	94.35	93.01	148.91
Total Operating Expenses	262.73	234.67	212.77	226.8	312.12
Operating Income	65.18	75.35	139.87	125.48	19.22
Interest Expense	-153.63	-136.21	-129.11	-136.45	-108.09
Interest & Investment Income	5.76	13.1	7.63	4.74	5.06
Currency Exchange Gain (Loss)	0.38	-	5.45	-	2.08
Other Non-Operating Income	0.42	10.95	28.92	12.92	-
EBT Excluding Unusual Items	-81.89	-36.81	52.76	6.69	-81.74
Gain (Loss) on Sale of Assets	-	-	-	3.81	-
Asset Writedown	-55.68	-930.73	-122.71	-344.78	214.87
Other Unusual Items	1.87	0.03	-	-	-
Pretax Income	-135.7	-967.51	-69.95	-334.28	133.13
Income Tax Expense	-25.68	-48.16	59.36	-14.15	56.88
Earnings From Continuing Operations	-110.02	-919.34	-129.31	-320.13	76.25
Earnings From Discontinued Operations	-	-	-	-	132.18
Net Income to Company	-110.02	-919.34	-129.31	-320.13	208.43
Minority Interest in Earnings	0.39	0.84	-	-	-0.8
Net Income	-109.63	-918.5	-129.31	-320.13	207.63
Net Income to Common	-109.63	-918.5	-129.31	-320.13	207.63
Net Income Growth	-	-	-	-	37513.22%
Basic Shares Outstanding	3,216	3,199	3,199	3,199	3,199
Diluted Shares Outstanding	3,216	3,199	3,199	3,199	4,564
Shares Change (YoY)	0.53%	-	-	-29.89%	42.64%
EPS (Basic)	-0.03	-0.29	-0.04	-0.10	0.06
EPS (Diluted)	-0.03	-0.29	-0.04	-0.10	0.05
EPS Growth	-	-	-	-	26513.95%
Operating Margin	19.88%	24.30%	39.66%	35.62%	5.80%
Profit Margin	-33.43%	-296.27%	-36.67%	-90.87%	62.66%
EBITDA	65.79	75.96	140.75	126.42	21.66
EBITDA Margin	20.06%	24.50%	39.91%	35.88%	6.54%
D&A For Ebitda	0.61	0.61	0.88	0.94	2.44
EBIT	65.18	75.35	139.87	125.48	19.22
EBIT Margin	19.88%	24.30%	39.66%	35.62%	5.80%
Effective Tax Rate	-	-	-	-	42.73%

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