First Pacific Company Limited (HKG:0142)

First Pacific Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10,090	10,057	10,511	10,305	9,103	7,131
Revenue Growth (YoY)	-0.05%	-4.32%	2.00%	13.20%	27.67%	-5.99%
Cost of Revenue	6,387	6,403	7,136	7,248	6,275	4,822
Gross Profit	3,703	3,654	3,375	3,057	2,828	2,308
Selling, General & Admin	1,403	1,418	1,352	1,289	1,403	1,224
Other Operating Expenses	-42.5	10.6	-23.3	19.9	53.4	30.8
Operating Expenses	1,360	1,429	1,329	1,309	1,457	1,255
Operating Income	2,343	2,225	2,046	1,748	1,372	1,054
Interest Expense	-661.2	-607.4	-574.1	-483.6	-479.2	-442.6
Interest & Investment Income	146.8	165.8	132.3	78.3	56.6	74.2
Earnings From Equity Investments	548.7	523.4	366.3	265.6	373.9	280
Currency Exchange Gain (Loss)	52.2	-154.7	30	-265	-30.8	92.5
EBT Excluding Unusual Items	2,430	2,152	2,001	1,343	1,292	1,058
Impairment of Goodwill	-0.5	-0.5	-1.7	-7	-2.8	-37.5
Gain (Loss) on Sale of Investments	-69.4	-65.7	-159.8	-77.2	-7.4	-22.3
Gain (Loss) on Sale of Assets	-21.2	-22.6	-4.1	0.1	-9.9	-32.7
Asset Writedown	-55.7	-36.5	-15.7	54.9	-183.1	-25.1
Other Unusual Items	-	-	-	58.8	-	-
Pretax Income	2,283	2,027	1,819	1,373	1,089	940.1
Income Tax Expense	451.6	423.8	477.9	323.3	281.9	341.6
Earnings From Continuing Operations	1,831	1,603	1,341	1,050	806.9	598.5
Earnings From Discontinued Operations	-	-	-	-	88.8	69.1
Net Income to Company	1,831	1,603	1,341	1,050	895.7	667.6
Minority Interest in Earnings	-1,118	-1,003	-840.2	-658	-562.4	-466
Net Income	713.7	600.3	501.2	391.6	333.3	201.6
Net Income to Common	713.7	600.3	501.2	391.6	333.3	201.6
Net Income Growth	64.68%	19.77%	27.99%	17.49%	65.33%	-
Shares Outstanding (Basic)	4,251	4,242	4,239	4,256	4,317	4,339
Shares Outstanding (Diluted)	4,253	4,247	4,244	4,261	4,322	4,345
Shares Change (YoY)	0.18%	0.07%	-0.39%	-1.43%	-0.53%	0.14%
EPS (Basic)	0.17	0.14	0.12	0.09	0.08	0.05
EPS (Diluted)	0.17	0.14	0.12	0.09	0.08	0.05
EPS Growth	64.32%	19.73%	28.51%	19.20%	66.16%	-
Free Cash Flow	1,388	1,285	1,467	1,123	872.5	660.6
Free Cash Flow Per Share	0.33	0.30	0.35	0.26	0.20	0.15
Dividend Per Share	0.034	0.033	0.029	0.028	0.024	0.019
Dividend Growth	8.28%	10.85%	4.61%	16.05%	30.64%	7.51%
Gross Margin	36.70%	36.34%	32.11%	29.66%	31.07%	32.37%
Operating Margin	23.22%	22.13%	19.47%	16.96%	15.07%	14.78%
Profit Margin	7.07%	5.97%	4.77%	3.80%	3.66%	2.83%
Free Cash Flow Margin	13.76%	12.77%	13.96%	10.90%	9.59%	9.26%
EBITDA	2,742	2,604	2,455	2,160	1,791	1,556
EBITDA Margin	27.17%	25.89%	23.35%	20.96%	19.67%	21.83%
D&A For EBITDA	398.5	378.3	408.6	412	419.5	502.8
EBIT	2,343	2,225	2,046	1,748	1,372	1,054
EBIT Margin	23.22%	22.13%	19.47%	16.96%	15.07%	14.78%
Effective Tax Rate	19.78%	20.91%	26.27%	23.55%	25.89%	36.34%

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