HKG:0118 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	2,066	1,865	1,724	2,340	3,075
Revenue Growth (YoY)	10.77%	8.21%	-26.33%	-23.91%	26.45%
Cost of Revenue	1,677	1,520	1,391	1,968	2,531
Gross Profit	388.96	344.92	332.56	372.3	544.49
Selling, General & Admin	368.57	352.19	312.72	365.71	410.84
Other Operating Expenses	-16.91	-27.46	-19.61	-16.9	-10.82
Operating Expenses	351.66	324.73	293.11	348.8	400.01
Operating Income	37.3	20.19	39.45	23.5	144.48
Interest Expense	-10.39	-13.84	-14.92	-13.42	-17.74
Interest & Investment Income	8.36	9.07	10.46	11.4	6.26
Earnings From Equity Investments	5.07	3.99	3.64	5.32	5.14
Currency Exchange Gain (Loss)	4.39	8.47	-3.53	5.65	-4.59
EBT Excluding Unusual Items	44.73	27.88	35.1	32.46	133.54
Impairment of Goodwill	-	-	-	-	-20.49
Gain (Loss) on Sale of Investments	-	-	0.41	-	-
Gain (Loss) on Sale of Assets	-	-0.74	0.13	0.61	0.07
Pretax Income	44.73	27.14	35.64	33.07	113.12
Income Tax Expense	23.96	16.07	13.94	14.23	28.91
Earnings From Continuing Operations	20.76	11.06	21.7	18.84	84.21
Earnings From Discontinued Operations	-	5.23	-64.37	-	-
Net Income to Company	20.76	16.29	-42.67	18.84	84.21
Minority Interest in Earnings	-7.37	-8.4	-1.13	5.58	5.53
Net Income	13.39	7.9	-43.8	24.41	89.73
Net Income to Common	13.39	7.9	-43.8	24.41	89.73
Net Income Growth	69.59%	-	-	-72.79%	358.33%
Shares Outstanding (Basic)	862	862	862	862	862
Shares Outstanding (Diluted)	862	862	862	862	862
EPS (Basic)	0.02	0.01	-0.05	0.03	0.10
EPS (Diluted)	0.02	0.01	-0.05	0.03	0.10
EPS Growth	69.61%	-	-	-72.79%	358.33%
Free Cash Flow	-	-51.06	93.94	221.75	-3.1
Free Cash Flow Per Share	-	-0.06	0.11	0.26	-0.00
Gross Margin	18.82%	18.49%	19.29%	15.91%	17.71%
Operating Margin	1.80%	1.08%	2.29%	1.00%	4.70%
Profit Margin	0.65%	0.42%	-2.54%	1.04%	2.92%
Free Cash Flow Margin	-	-2.74%	5.45%	9.48%	-0.10%
EBITDA	79.89	62.78	93.08	84.58	205.8
EBITDA Margin	3.87%	3.37%	5.40%	3.62%	6.69%
D&A For EBITDA	42.59	42.59	53.62	61.08	61.32
EBIT	37.3	20.19	39.45	23.5	144.48
EBIT Margin	1.80%	1.08%	2.29%	1.00%	4.70%
Effective Tax Rate	53.58%	59.23%	39.11%	43.04%	25.56%

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