HKG:0120 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	70.6	368.9	77.3	1,016	1,639	69.6
Revenue Growth (YoY)	-80.82%	377.23%	-92.39%	-38.03%	2254.74%	-41.81%
Cost of Revenue	158.7	457.9	129.7	666.5	1,030	43.9
Gross Profit	-88.1	-89	-52.4	349.2	608.5	25.7
Selling, General & Admin	50.5	58.2	67.1	95.6	98.1	72.8
Other Operating Expenses	-0.8	-6.5	-3.6	-2.7	-0.8	-5.7
Operating Expenses	50.3	52.6	64.8	94.3	99.5	70.3
Operating Income	-138.4	-141.6	-117.2	254.9	509	-44.6
Interest Expense	-80.4	-80.7	-80.3	-56.4	-54	-104.3
Interest & Investment Income	2.4	0.9	0.2	0.7	3.3	12.6
EBT Excluding Unusual Items	-216.4	-221.4	-197.3	199.2	458.3	-136.3
Impairment of Goodwill	-	-	-	-41.6	-193.5	-
Gain (Loss) on Sale of Investments	16.1	4.2	-19.1	-1.5	1.5	-48.9
Gain (Loss) on Sale of Assets	-2.2	-	-1	-5.6	-	68.2
Asset Writedown	-149.1	-149.5	-110.8	-4.6	1.4	2.3
Other Unusual Items	-	-	-	0.1	-	0.2
Pretax Income	-351.6	-366.7	-328.2	146	267.7	-114.5
Income Tax Expense	-11	86.4	44.1	142	234.1	9
Earnings From Continuing Operations	-340.6	-453.1	-372.3	4	33.6	-123.5
Net Income to Company	-340.6	-453.1	-372.3	4	33.6	-123.5
Net Income	-340.6	-453.1	-372.3	4	33.6	-123.5
Net Income to Common	-340.6	-453.1	-372.3	4	33.6	-123.5
Net Income Growth	-	-	-	-88.09%	-	-
Shares Outstanding (Basic)	1,469	1,469	1,151	1,124	2,515	2,249
Shares Outstanding (Diluted)	1,469	1,469	1,151	1,124	2,515	2,249
Shares Change (YoY)	11.04%	27.69%	2.35%	-55.30%	11.81%	10.91%
EPS (Basic)	-0.23	-0.31	-0.32	0.00	0.01	-0.05
EPS (Diluted)	-0.23	-0.31	-0.32	0.00	0.01	-0.05
EPS Growth	-	-	-	-73.37%	-	-
Free Cash Flow	-154.2	-238.3	-449.9	-443.9	-39.8	772.8
Free Cash Flow Per Share	-0.10	-0.16	-0.39	-0.40	-0.02	0.34
Gross Margin	-124.79%	-24.13%	-67.79%	34.38%	37.13%	36.93%
Operating Margin	-196.03%	-38.38%	-151.62%	25.10%	31.06%	-64.08%
Profit Margin	-482.44%	-122.83%	-481.63%	0.39%	2.05%	-177.44%
Free Cash Flow Margin	-218.41%	-64.60%	-582.02%	-43.70%	-2.43%	1110.35%
EBITDA	-137.8	-140.9	-116.4	255.8	510.7	-42.1
EBITDA Margin	-195.18%	-38.20%	-150.58%	25.19%	31.16%	-60.49%
D&A For EBITDA	0.6	0.7	0.8	0.9	1.7	2.5
EBIT	-138.4	-141.6	-117.2	254.9	509	-44.6
EBIT Margin	-196.03%	-38.38%	-151.62%	25.10%	31.06%	-64.08%
Effective Tax Rate	-	-	-	97.26%	87.45%	-

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